RMB Devaluation: Treasurers Must Weigh the Long-Term Risks
- By John Hintze
- Published: 9/2/2015
The devaluation of the Chinese renminbi (RMB) thus far is unlikely to cause much grief for corporate treasurers directly—except perhaps for those in Chinese companies—but it may prompt treasurers and their corporate business partners to reconsider their companies’ longer term plans.The RMB’s value f ...
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