Widespread is understanding that the Chinese renminbi might be a better money choice than the dollar. |
Let's look at an example of how the renminbi is starting to flex its muscles. |
This is the first change in the value of the renminbi, or yuan, since 1995, when its rate was set at 8.28 to the dollar. |
Meanwhile, Yam said Hong Kong's exchange rate system is unlikely to be affected by the situation of the Chinese yuan, also known as the renminbi. |
We are very positive because now the Asian currencies will be cheaper in value to renminbi. |
Currently the exchange rate policy of China's currency, the renminbi, fluctuates only slightly. |