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Official historical average exchange rates of Renminbi for major foreign currencies by year [8] (Chinese yuan per 100 foreign currency units) Year: USD: JPY: HKD ...
This is seen as a move to a more fully free-market floating of the Renminbi. The Renminbi has appreciated 22 percent since the mechanism reform in 2005 of the Yuan exchange rate. [9] However, during the onset of the 2007-2008 global financial crisis, the renminbi was unofficially repegged to the US dollar. It was again depegged from the dollar ...
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
The purpose of this template is to automatically convert and format Korean won applying adjustment for inflation where appropriate. Rates of exchange and inflation must be manually copied by editors in the supporting templates therefore this template's output does not necessarily reflect the present exchange rates or price indices but, rather, reflects the rates and indices at the time of the ...
The average daily turnover of offshore renminbi foreign exchange market (CNH) was about US$20 billion by the end of 2013. [2] On 17 November, synchronised with the Shanghai–Hong Kong Stock Connect debut, the HKMA has lifted the daily yuan conversion cap (¥20,000).
It was replaced in 1948 by the gold yuan at a rate of 150,000 north-eastern yuan to 1 gold yuan. In 1945, notes were introduced in denominations of 1, 5, 10, 50 and 100 yuan. 500 yuan notes were added in 1946, followed by 1,000 and 2,000 yuan in 1947 and 5000 and 10,000 yuan in 1948. Various, mostly crude, coins were produced by the Soviets.
The first South Korean won was subdivided into 100 jeon. The South Korean won initially had a fixed exchange rate to the U.S. dollar at a rate of 15 won to 1 dollar. A series of devaluations followed, the later ones, in part, due to the Korean War (1950–53). The pegs were:
Its economic growth rate reached 6.2% in 2010, a recovery from economic growth rates of 2.3% in 2008 and 0.2% in 2009, during the Great Recession. The South Korean economy again recovered with the record-surplus of US$70.7 billion mark of the current account at the end of 2013, up 47 percent growth from 2012.