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anonymous
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Q: why the usa dollar is down this time in china

12 years 27 weeks ago in  Money & Banking - China

 
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Posts: 12

Governor

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it depend of the price of gold and petrol in world

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12 years 27 weeks ago

god will bless all

 
Posts: 9192

Emperor

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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
 
Posts: 1197

Shifu

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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
 
Posts: 316

Shifu

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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
 
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