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April 17, 2007


Renminbi Revaluation Redux

The nice thing about having kept a blog the last five years is being able to go back and pick out times you happened to get things right and then brag about them.

“One thing we’re looking forward to is the revaluation of the Chinese currency, the Renminbi (RMB), which we think is inevitable.”


C. Maoxian, June 12, 2003

CNY

One Response to “Renminbi Revaluation Redux”

  1. Maoxian » Long Term Look at Crude Oil Prices (in both USD and CNY) said:

    […] And looking at things from a Chinese perspective, you can see that the appreciation of the yuan these last few years has moderated the increase in the cost of crude somewhat, but the long-term trend is up up up. […]

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