Tuesday, July 21, 2015

Renminbi's rise against the dollar

FT has a nice article on the rise of the yuan against the dollar:
The renminbi’s rise also helped China’s trade surplus to fall, easing tensions with other countries, notably the US, and slowing its accumulation of dollars.


  1. Dollar has definitely become weaker and that’s why we have seen such rise, so if we are trading with proper plan we can make solid profits from it. I usually do long term trading thanks to OctaFX broker where they have swap free account available, so with using this I can keep my trades open for longer time without having to pay any fees or extra charges, so that’s why I am getting so much things in my favor and that leads to success.

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