| Journal Call no. | AP8.W56 |
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| Author | Bailhache, Rob. |
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| Article Title | The Yuan: hitting a higher note : will sliding dollars spell less in RMB? / Rob Bailhache. |
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| Is Part Of | Window ; v.4, no.14, 14 Apr 1995, p.53, illus. |
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| Abstract | Currently trading at 8.425 yuan to the US$1, DBS forsees a rate of 7.8 to the dollar by the year's end. Ironically, the present rate represents only a 10 per cent appreciation, following a 33 per cent devaluation with the unification of the exchange rates for the yuan and Foreign Exchange Certificates on January 1, 1994. |
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