The exchange rate between the Chinese renmini (yuan) and the US dollar was Rmb8.3333/$ fifteen years ago. The exchange rate between the two currencies moved to Rmb6.2500/$ today. Which currency ($ or RMB) has appreciated during the past fifteen years? How much? Calculate the % change? You must demonstrate how you have arrived at your answer. No credit will be given just for an answer. Rmb depreciated by 33.33% in terms of $. Rmb appreciated by 33.33% in terms of $ $ depreciated by 33.33% in terms of Rmb. $ appreciated by 33.33% in in terms of Rmb.