search query: @indexterm DEVALUATION / total: 80
reference: 28 / 80
| Author: | Wang, Yaping |
| Title: | RMB exchange rates devalue slightly (original in Chinese) |
| Journal: | Economy and Information (c)
1996 : 2, p.8-9 |
| Index terms: | EXCHANGE RATES FINANCIAL ANALYSIS DEVALUATION CHINA |
| Language: | chi |
| Abstract: | The RMB exchange rates on China's foreign exchanges market rose within stability in 1995. RMB-US dollar exchange rate rose from 8.44: 1 at the beginning of the year to 8.31:1 at the end of the year, with an increased value of 1300 points, up 1.56%. According to the analysis of overall judgment of economic operation and the factors influencing the changes of exchange rates, it is estimated that the RMB exchange rates will basically remain stable but fall within stability and also present a trend of slight devaluation. |
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