which country currency is CNY?
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Thread: which country currency is CNY?

  1. #1
    ornost6969
    Guest
    Please my fellow trader,

  2. #2

  3. #3
    Pleasant!


    Quote Originally Posted by ;
    C - Chi
    N -nese
    Y - Yuan

  4. #4
    Here - learn about bolded

    Quote Originally Posted by ;
    Throughout most of its history, the value of the renminbi was pegged to the U.S. dollar. Since China pursued its slow transition from central planning to a free market economy, and improved its involvement in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese business. It has been maintained that the current official exchange rate is significantly lower compared to the value of the renminbi by purchasing power parity, undervalued by up to 37.5percent

  5. #5
    Buchtt2
    Guest
    China

    CNY=RMB

    Yuan=Renminbi

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