Tag: Currency Regulation

Despite Beijing’s Efforts, the Yuan Continues to Plummet

Despite Beijing’s Efforts, the Yuan Continues to Plummet

Attempts by Beijing to stem or reverse the fall of the yuan appear increasingly futile as the currency continues its depreciation against the dollar, reversing gains it had made in trading sessions on January 4 and 5. The yuan had managed to increase its position against the U.S. dollar as Beijing announced new measures to … Continue reading Despite Beijing’s Efforts, the Yuan Continues to Plummet

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