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The exchange rate for CNY per USD ( CNY / USD ) was 6 , 9 9 0 0 five years ago and is 6

The exchange rate for CNY per USD

(

CNY

/

USD

)

was

6, 9900

five years ago and is

6, 8800

today. The percentage change in the CNY relative to the USD is closest to: A

)

appreciation of

3, 2 % .

)

depreciation of

2, 3 % .

)

appreciation of

1, 60 % .

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