This is the analysis of the company Apple Inc. in overseas currency markets in which it conducts its business and two of them include; Europe`s Euro and China`s Chinese Yuan. These two markets provide a large proportion of the company`s overseas revenue.
The currency graph of the Chinese Yuan against the U.S Dollar is as displayed below. Details are derived from yahoo finance and they are of the time frame from the year 2011 to the year 2013.
The graph is for CNY/USD
The Chinese policy that is keen to stabilize the growth of the country since the currency has been ...