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2012-10-13 Economy
Chinese yuan hits record high against US dollar
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Posted by lotp 2012-10-13 00:00|| || Front Page|| [1 views ]  Top

#1 Or maybe they think Zero will get re-elected and they expect the dollar to plunge. They have so many dollars nobody wants them any more. Letting the yuan drift higher courts internal instability.
Posted by Nimble Spemble 2012-10-13 05:32||   2012-10-13 05:32|| Front Page Top

#2 Year US dollar
1981 1.705
1982 1.8925
1983 1.9757
1984 2.327
1985 2.9366
1986 3.4528
1987 3.7221
1988 3.7221
1989 3.7651
1990 4.7832
1991 5.3233
1992 5.5146
1993 5.762
1994 8.6187
1995 8.351
1996 8.3142
1997 8.2898
1998 8.2791
1999 8.2783
2000 8.2784
2001 8.277
2002 8.277
2003 8.277
2004 8.2768
2005 8.1917
2006 7.9718
2007 7.604
2008 6.9451
2009 6.831
2010 6.7695
2011 6.4588
Posted by Zhang Fei 2012-10-13 12:44||   2012-10-13 12:44|| Front Page Top

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