China’s Currency Has Its Worst Month In 25 Years

by Jason Burack via Wall St For Main St

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China’s currency, the Yuan or RMB, had its worst month in 25 years since 1994 when the country’s currency reform began.

  • China’s yuan on course for worst month since 1994
  • China’s currency is poised for its worst month on record after weakening beyond the barrier of 7 yuan per US dollar

 

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