Thread: Chinese RMB rates..
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Old 19-02-2009, 12:48 AM
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Re: Chinese RMB rates..
Quote:
Originally Posted by adidas88 View Post
news report that chinese government will weaken rmb againsy US$ to stay competitive in foreign market export ...
that could be good news for S$ .. provided MAS do not weaken S$ to stay competitive ...
MAS will also devalue SGD to match the drop in RMB...