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michel

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  • michel 20 mars 2010 17:47

    « The Chinese Yuan was pegged to the value of the U.S. dollar at a rate of 8.2768 Yuan to one U.S. dollar from 1994 to 2005. Once the value of the currency was freed, the price of the Yuan has risen steadily. In June of 2006, the exchange rate was 8.02 Yuan for every U.S. dollar. In May of 2007, just under a year later, the exchange rate is 7.71 Yuan for every U.S. dollar. » 


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