The Obama administration declined Tuesday to label China a currency manipulator, noting that it has let the yuan rise nearly 10 percent in value…
Federal Reserve impact on RMB and US dollar
Thu Nov 01, 2012 By Leave a Comment
The value of the Chinese Renminbi (RMB) has appreciated while the dollar has witnessed a devaluation since the United States’ Federal Reserve System launched a third round of quantitative easing policies…