They also argued that their practice of not converting their foreign exchange into renminbi on a daily basis was in line with the requirements of IAS 21. They argued that because the Chinese renminbi is pegged to the US dollar it made no difference whether conversions were done on a yearly or daily basis.
Ils ont ajouté que leur pratique de ne pas convertir quotidiennement leur taux de change en renminbi était conforme à l’IAS 21, faisant valoir que, le renminbi chinois étant rattaché à l'USD, il importe peu que les conversions soient effectuées annuellement ou quotidiennement.