gold standard refers to linking a currency value to the value of gold or to another currency.
gold standard refers to linking a currency value to the value of gold or to another currency.
which term refers to linking a currency value to the value of gold or to another currency?
gold standard
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renminbi currency value









































renminbi currency value is a debate affecting the chinese currency unit, the "renminbi" ( code:cny). the "renminbi" is classified as a fixed exchange rate currency "with reference to a basket of currencies", which has drawn attention from nations which have freely floated currency and has become a source of trade friction with western nations.









































some economists have argued that the value of the "renminbi" should be allowed to appreciate by 20 to 40 percent against the us dollar. according to the international monetary fund (imf), the "renminbi" is undervalued somewhere between five and 27 percent.









































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renminbi currency value