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Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July 2005, but also be

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Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July 2005, but also be revalued by 20%. What would be the new exchange rate value if the yuan was revalued an additional 20% from its initial post-revaluation rate of Yuan 8.11 per dollar (in 2 decimals)

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