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91. For instance, guidelines for invoicing and settling trade in renminbi need to be harmonised.

92. They've opened offices in the Mainland with Mandarin-speaking partners, and some---including Draper Fisher Jurvetson--are about to turn up the heat and raise funds in the local renminbi currency.

93. Then work out the real exchange rate of Renminbi by adjusted purchasing power parity and analyze the nominal exchange rate, subsidy and wage policy's effects on real exchange rate respectively.

94. But what about that other flank of currency policy, the internationalisation of the renminbi?

95. In future, the Chinese Government will continue to keep the Renminbi exchange rate stable, which will contribute to keeping the regional monetary exchange rate stable.

96. One is the People's Bank of China, which wants a more flexible rate and more-liberalized markets, and the other is the export lobby's supporters, who favor a cheaper renminbi.

97. And following, China's foreign exchange reserve grows sharply, which causes great pressure on Renminbi revaluation.

98. I open letter of credit in Renminbi with a bank in U.S.A.

99. Therefore, renminbi actually is pegged exchange rate regime although it is a managed floating in the "law".

100. Many banks in Europe now carry accounts in Renminbi with the Bank of Chinese , Beijing. They are in a position to open letter of credit and effect payment in Renminbi.

101. many banks in europe are in a position to open l/c and effect payment in renminbi.

102. Proof of that is that America's urgent insistence that China revalue the renminbi has unheeded.

103. They have suggested that China should further deregulate its economy(sentence dictionary), let the renminbi appreciate and otherwise rely on market forces to tame inflation.

104. Foreign investment enterprises are allowed to pay their tax with renminbi income earned from their operations and sales instead of using their foreign exchange.

105. There are two problems with exchange rate: the value of the renminbi and its flexibility.

106. Under the conditions of Renminbi free exchange, the reform on Chinese foreign exchange policy has been fastened.

107. Many banks in Europe are in a position to open L / C and effect payment in Renminbi.

108. But analysts caution that right now the renminbi is far from ready to mount a serious challenge to the United States dollar as the world's leading reserve currency.

109. The renminbi has gained around one third against the South Korean won since early July.

110. A similar method shall be applied to translate the amount of discounts and allowances in foreign currency into Renminbi.