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anonymous
Answers (4)
Comments (0)
if the RMB goes up so will inflation, China does import alot, Exports will be hurt if RMB goes up
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12 years 27 weeks ago
Watch out! I've encountered a few places where they decrease the exchange rate to make money. Example. Say the exchange rate is supposed to be 6.3rmb per 1USD. They'd list the rate as 4.5rmb per 1USD. Just always try to be up to date for the rates. Check it once a month.
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12 years 27 weeks ago
trade deficit and pressure from america side as well, USA is suffering with artifical currency game
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12 years 27 weeks ago