Currently, the exchange rate for the Yuan is about $1=6.83 Chinese Yuan.?

If the Chinese Yuan is UNDERVALUED does that make the numbers 1 = HIGHER than 6.83 or LOWER than 6.83 in the future?

Anonymous2010-06-19T19:28:14Z

Favorite Answer

China just announced that it will allow the Yuan to float a tad bit more to help keep economic recovery stable, so in the future $1 = lower than 6.83 more than likely.

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