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AL industry facing contradictive picture in foreign trade on RMB revaluation

机译:铝工业面临抵触的照片对外贸易在人民币升值

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摘要

On July 21, 2005, the People's Bank of China (PBOC) announced a revaluation of the Chinese currency Renminbi (RMB) or yuan. What impact does this move to bring on Chinese aluminum industry? Let's review the coming out of the new regime first. Starting from July 21. 2005, China reformed the exchange rate regime by moving into a managed, floating exchange rate regime based on market supply and demand with reference to a basket of currencies. RMB will no longer be pegged to the US dollar and the RMB exchange rate system will be improved with greater flexibility.
机译:2005年7月21日,中国人民银行(中国人民银行)宣布中国的人民币升值货币人民币或人民币。此举将对中国铝工业吗?让我们回顾一下未来的新政权第一。通过进入改革汇率机制有管理的浮动汇率制度基于市场供求为基础,参考一篮子货币。盯住美元和人民币汇率系统将提高更大的灵活性。

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