Tag Archives: USDCNY

Chinese Yuan strengthened

Since the start of this year, Chinese Yuan (CNY) had strengthened against US dollar (USD) and Singapore dollar (SGD). The jump was more pronounced since two weeks ago, especially for SGD against CNY.   1 Jan 2013 7 May 2013 … Continue reading

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Chinese Yuan against USD and SGD

American politicians have always maintained that Chinese Yuan (CNY) is undervalued, thus resulting in Chinese exports having unfair advantage over other countries’ exports. Has the Chinese central bank taken action to address this concern? Let’s take a look at US … Continue reading

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