Since July 10th, the USD/CNY rate changes breakthrough 6.8, 6.7, 6.6, 6.5, to 6.45 on September 12th; no one have thought that RMB would appreciate nearly 4% within 2 months. Recently,a textile company’s semi-annual report shows that, RMB appreciation led to exchange loss of 9.26 million yuan in...
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