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 comment:

  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.