Tag: Yuan-vs-dollar

Exchange rate and bank

Reading Time: < 1 minute I went to the China Merchants Bank today, to exchange some USD into CNY. The rate is 7.5544. From what I read, the US senate has passed a bill to push China to appreciate the CNY more faster. That certainlly did not help me (get more Chairman Mao for my green backs). On a positive

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stlplace
July 31, 2007
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