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  • Opportunity in the Brazilian Real and Chinese Renminbi [View article]
    What about the tie between the Chines RMB and the USD? There is a very small difference between them introduced several years ago at the insistence of the US govt. which wanted th RMB to freely float, The Chinese resisted that but allowed for a very small difference between the two currencies on a floating basis (as I recall it was about 8%, but my recollection may be imperfect).
    Oct 14 14:39 pm |Rating: 0 0 |Link to Comment
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