My friend asked me a question regarding the appreciation of China's RMB (Ren Min Bi) against U.S. dollars. His family in China has some U.S. dollars. If it is likely that the RMB will increase its value, he would like to exchange the U.S. dollar for RMB NOW.
Unfortunately I do not have the latest information to answer his question. How do you guys out there think about this issue? Please share your view. Thanks.
