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5 Interesting Things You Didn't Know about RMB - amazing Chinese currency
In , a flexible mechanism of exchange rates was phased in, with the RMB being re-evaluated to Renminbi per US dollar. The Chinese government launched a. In , a revaluation happened, resulting in the introduction of the new yuan renminbi at the exchange rate of 1 new yuan to 10, old yuan. Since the s. The Chinese Yuan is expected to trade at by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking.