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... USD.

The exchange rate is now 8.02 CNY per dollar.

The same thing was happening with RMB per dollar, as those two currencies were essentially the same, with the only difference being that the Chinese Yuan was the currency used for transactions outgoing from Mainland China, while the Renminbi was used for domestic trade within China.

I remembered that the Yuan was supposed to stay stable around 8.27 CNY until 2006, so this was clearly showing that the new agreement was be ...

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