China Getting Stronger, RMB Yuan To Play Bigger Roll Chinese currency the Renminbi (RMB) is moving towards equilibrium while China’ external position is strengthening, an IMF official said Friday. The real effective RMB exchange rate appreciated by more than 10% in the past 6 months and the currency is heading towards equilibrium, said Markus Rodlauer, […]
The post China Getting Stronger, RMB Yuan To Play Bigger Roll appeared first on Live Trading News.