Saturday , 20 April 2024

Tag Archives: yuan devaluation

A Look At What Has Happened to China’s Yuan

Even the slightest movement made by China can create a ripple effect on fragile global markets. On August 11 China devalued its currency by 1.9% and has made some smaller changes since then. Today’s infographic looks at the reaction in currency markets in three time frames after the event: 24 hours, one week, and one month after.

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