Big American multinational manufacturing companies can feel the pinch of dollar-renminbi fluctuations.
2
与人民币汇率挂钩但以美元结算的“无本金交割远期”(NDF)，已经不再跟随人民币的升值节奏起舞了。
Non-deliverable forwards (NDFs), which are linked to the renminbi but settled in dollars, have stopped moving in tandem with the renminbi's rate of appreciation.
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