Appreciating or Depreciating???

[rogerluli]

Participate in the MK's first ever pole... on one of our favorite and perennial topics...How does our USD translate into RMB??? Here's a panel of "experts" to help you decide...

 

http://www.eeo.com.cn/ens/finance_investme...12/123361.shtml

[Randy W]

I appreciate every RMB I can get

[rogerluli]

I appreciate every RMB I can get

 

I appreciate Chairman Mao's but not so much the "small money"... B)

[Randy W]

Jiaying generally tosses any coins back that she is given.

 

But seriously, given the effect the appreciation of the yuan has had on jobs in thbe export field, we may very well see a significant de-valuation.

[Richard & Li]

I see the American economy as much more damaged and less resilient than the Chinese economy.

 

My vote: Falling off a cliff...

[Guest Tony n Terrific]

As the Federal Reserve continues to inflate the US economy we will see the Yuan appreciate against the Dollar.

[Urkidding]

Dear Roger,

 

My wife's last name use to be Yuan.

 

Will this effect or affect the way I vote?

 

Do I get any extra Money for that?

 

Also, can I get my money back if I don't vote the RIGHT answer?

 

Thanks in advance...

 

URKIDDING

[Stepbrow]

I heard on the news today that China is pumping billions into the money supply. That means printing money, and depreciating money. So the RMB will lose value against the dollar.

[Bill and Linda]

Dear Roger,

 

My wife's last name use to be Yuan.

 

Will this effect or affect the way I vote?

 

Do I get any extra Money for that?

 

Also, can I get my money back if I don't vote the RIGHT answer?

 

Thanks in advance...

 

URKIDDING

 

My wife's last name is also Yuan, plus when I needed a chinese last name, I adopted hers.... Yuan Zheng Zhong. Didn't note any significance until now. Does this mean I'm in the money??

[rogerluli]

Dear Roger,

 

My wife's last name use to be Yuan.

 

Will this effect or affect the way I vote?

 

Do I get any extra Money for that?

 

Also, can I get my money back if I don't vote the RIGHT answer?

 

Thanks in advance...

 

URKIDDING

 

Dear RUJOSHINGME,

 

If your wife's last name used to be YUAN then it still is since Chinese poeple never change their names...

 

Any more questions just direct them to me...

 

URROYALHINEYNESS...

[Stepbrow]

Any change in the exchange rate today Rog ?

[Randy W]

Any change in the exchange rate today Rog ?

1 US Dollar = 6.85933 Chinese Yuan Renminbi

 

http://www.oanda.com/convert/classic

[Finer in China]

Monday, December 29, 2008

 

1 US Dollar = 6.85850 Chinese Yuan Renminbi

 

1 Chinese Yuan Renminbi (CNY) = 0.14580 US Dollar (USD)

 

Interbank rate +/- 0%

 

This means:

You buy 1 US Dollar : 6.85850 Chinese Yuan Renminbi

You sell 1 US Dollar : 6.83850 Chinese Yuan Renminbi

You buy 1 Chinese Yuan Renminbi : 0.14580 US Dollar

You sell 1 Chinese Yuan Renminbi : 0.14623 US Dollar

 

Median price = 6.83850 / 6.85850 (bid/ask)

Minimum price = 6.83850 / 6.85850

Maximum price = 6.83850 / 6.85850

 

http://www.oanda.com/convert/classic

[sleepless in Houston&CQ]

 

 

URROYALHINEYNESS...

 

 

I knew it!!! I knew it all alone that u was nothing more than a

URROYALHINEYNESS.....

for a few years thats what I have called you

but as I recall the way I put it Roggie.... it was no so "PC"

 

OK I ain't so smart in math but ..

now I see the light and the truth and the "PC way"

and cents we have a change coming in our future....

one would think apprecating is the only way to go

 

so did I win???

[rogerluli]

 

 

URROYALHINEYNESS...

 

 

I knew it!!! I knew it all alone that u was nothing more than a

URROYALHINEYNESS.....

for a few years thats what I have called you

but as I recall the way I put it Roggie.... it was no so "PC"

 

OK I ain't so smart in math but ..

now I see the light and the truth and the "PC way"

and cents we have a change coming in our future....

one would think apprecating is the only way to go

 

so did I win???

 

Yup Bobby you win...

 

You are awarded the grand sum of ONE YUAN... which you can pick up at my house anytime you wish as long as it's during a blizzard...