SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Philipc who wrote (44822)1/12/1998 5:36:00 PM
From: RealMuLan   of 186894
 
Paul F.: << "Yes it devalued the yuan or renminbi in 1994 by 100%."

I seriously think you should double check your source before you posted this. I was in China in August, 1993, the official rate was 1:5.5 (dollar:Yuan). After the devaluation in 1994, the official rate has been around 1:8.3. So where did that 100% devaluation come from?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext