The value of the Renminbi (RMB) yuan against the U.S. dollar kept rising recently. On November 24, it hit a new high with 7.8526 yuan to one dollar, according to the Chinese Foreign Exchange Trade ……

looks different lately. Don’t worry, it’s not fake (假的) money. It’s a new set of renminbi (RMB) issued by the government.China issued the 2019 edition of the fifth series of RMB banknotes on Aug 30 ……

of the RMB exchange rate regime and increase the currency’s flexibility over the weekend. China observers..., including the US dollar, the euro, the Japanese yen, and the British pound.The reform of the RMB exchange ……

was worth the same as 6.23 yuan. Two days later, the rate changed to 6.4, meaning the value of RMB... expensive and imports cheaper, and vice versa (反之亦然).Devaluation means the same amount of RMB can ……

世界货币The International Monetary Fund decided on Monday to include the RMB into its Special Drawing Rights (SDR) basket on Oct 1, 2016, China Daily reported. This means RMB is becoming a world currency ……

in summer. It will cost her parents a large sum of money. But as the value of the Chinese yuan has been... used to buy 8.28 yuan Renminbi (RMB) in 2004. But by last Tuesday the number had fallen to 7.69 ……

to or study in a foreign country.A higher RMB value is good news for Chinese tourists and students... with a lower RMB value. It therefore buys more abroad.For example, according to Chinese agencies that handle ……

," the joke explains.Funny but, as the RMB continues rising against the US dollar ($, USD... from China to the US, it is good news that the same amount of RMB can exchange for more USD ……

exporters."A sharp increase in the value of RMB will have a great impact on foreign trade," says Lian... burgers in China," the joke explains.Funny but, as the RMB continues rising against the US dollar ……

Street Journal on Monday said that even if the RMB appreciates in value, the US trade deficit... if it goes up? IF the RMB were to go up in value, it would have more power to buy American goods ……

Festival. He plans to go to Europe as prices of trips there have fallen from over 12,000 yuan to less... started to rise. He is now considering going to South Korea where the exchange rate against the RMB has ……

week which currencies will act as a reference in determining the value of the RMB. They include the US... in setting the yuan's value. China allowed the yuan to rise 2.1 per cent against the dollar on July 21.Air ……

people people over 60 accounted for 11 percent of the population. It means the country has fewer people... high school in summer. It will cost her parents a large sum of money. But as the value of the Chinese ……

of war makes people value (珍惜) peace all the more.” China also promised to cut the number of its soldiers.... Changes also took place for the Chinese currency (货币). The renminbi (RMB) has seen drops since August ……

. Changes also took place for the renminbi (RMB). It has seen drops since August. This is good news for exporters (出口商), as a devalued (贬值的) RMB causes exported goods to be cheaper and more competitive ……