Finance Geek

Most experts agree that China is keeping the value of its currency, the renminbi, artificially low to give its manufacturing industry a competitive advantage.A cheap currency helps exports because it reduces the cost of China’s goods in other currencies.&

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This entry was posted on Monday, March 15th, 2010 at 10:14 am and is filed under Yahoo Tech Ticker. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.