Chinese central bank prevents renminbi strength

Story link: Chinese central bank prevents renminbi strength

The renminbi strengthened just a bit in relation to the dollar on Monday, rising to Rmb8.1097 to the dollar at the close of trade after going up to Rmb8.1089 during the day.
In after hours trading, however, it was back down to Rmb8.1115. This trend signaled that China does not intend to let […]