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What effect does the revaluation of the Chinese currency (Renminbi) have on the cost of my trip?


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What effect does the revaluation of the Chinese currency (Renminbi) have on the cost of my trip?

The Renminbi was revalued against the US Dollar and other currencies by about 2%. This means that these currencies are now worth approximately about 2% less when converted to the Chinese currency. The simple way to explain the effect is that the cost of your trip will be increased by about 2% and you will receive less money when you exchange foreign currencies for the Renminbi

- Updated: 2007-12-28 3:05:00