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Is China’s Exchange Rate Undervalued? Join now to read essay Is China’s Exchange Rate Undervalued? Recently China has come under increasing pressure to revalue its currency, the Renmbini (RMB) from US policy makers. Indeed, in July 2005 China succumbed to the pressure with a revaluation of roughly two percent. This quieted the objections for a.
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China’S Exchange Rate UndervaluedCurrent Account DeficitSignificant Internal Imbalances