http://blog.chinatells.com/2009/11/3407 Investor's Portal to China Wed, 25 Jan 2012 07:52:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://blog.chinatells.com/2009/11/3407/comment-page-1#comment-987 RMB passively depreciated in 09 (人民币被动贬值) « China Tells Sat, 21 Nov 2009 00:58:45 +0000 http://blog.chinatells.com/?p=3407#comment-987 [...] Sometimes if we view the same thing from different perspectives, we arrive at totally opposite conclusions. The exchange rate of RMB is suh an example. Due to the fact that RMB is pegged to USD, in 2009 when USD keeps losing value during most of the year, RMB loses its value against other emerging economies’ currency such as BRL, RUB and INR. This is one of the major complaints from China’s trading partners other than USA (See Article from Chinatells). [...] [...] Sometimes if we view the same thing from different perspectives, we arrive at totally opposite conclusions. The exchange rate of RMB is suh an example. Due to the fact that RMB is pegged to USD, in 2009 when USD keeps losing value during most of the year, RMB loses its value against other emerging economies’ currency such as BRL, RUB and INR. This is one of the major complaints from China’s trading partners other than USA (See Article from Chinatells). [...]

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