国际金融43796.pptVIP

* * * * * * * * Trade in markets We trade pounds to CNY in mainland market And we must trade the CHY to HKD So, we can buy pounds with HKD in HongKong market simultaneously * Next issues How the exchange rate is determined Understanding the interview in foreign market * Risks from Further RMB Appreciation Rutledge, renowned U.S. economist , acknowledged that Chinas trade surplus with U.S. was the main reason politicians are calling for further appreciation of the yuan. He said the U.S fears that cheap goods from China will cause more U.S. workers to lose their jobs. * Exchange rate depe