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Renminbi sparks strong views

Speculation is mounting about whether and when the Chinese currency will be allowed to strengthen ...full story at Financial Times

from Financial Times on Mon, Nov 16 2009

see also:

29 Apr 08 visit A Lesson in Chinese Currency  »  YouTube videoToday Renminbi, translated literally is "People's Currency". Renminbi, abbreviated to RMB, is the currency in mainland of the People's Republic of China. Watch more videos and free Chinese language lessons on my website: www.VideoTravelBook.com
12 Sep 09 visit It takes time for Renminbi to fully become int'l currency: Chinese Premier  »  People's Daily Chinese Premier Wen Jiabao said it still takes time for Renminbi (RMB), the Chinese currency, to fully become an international currency. The status of RMB has been enhanced on the global market, but it is only convertible under the trade account,...
03 Mar 09 visit Chinese currency plays important role in settlement for Sino-Vietnamese border trade  »  People's Daily Ruan Jinhua, who has worked as a currency exchanger for nearly 10 years in Dongxing, a city perching on the border between China and Vietnam, never expected that the Chinese currency, Renminbi, would be so well-received along the border as it has been in...
04 Mar 08 visit Chinese currency adjusts downward against U.S. dollar  »  People's Daily China's currency, the yuan, Tuesday saw a readjustment in its accelerated appreciation against the U.S. dollars last week. The central parity rate of the local currency, also known as renminbi, was 7.1175 yuan against one U.S. dolla ...
25 Dec 08 visit Senior official: Renminbi likely to be used as currency for forex reserves  »  People's Daily China's currency, Renminbi, is likely to join other international currencies to be used for forex reserves by other economies, according to Wu Xiaoling, former vice governor of the country's central bank and now the deputy head of the financial and...
12 Dec 07 visit China says rapid appreciation of Renminbi not good for the world  »  People's Daily Chinese Vice Commerce Minister Chen Deming said here Wednesday that if the Renminbi, China's currency, appreciated too rapidly, it would cause fluctuations in the Chinese economy that would not be positive for the world. Chen made t ...

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