If you think that China’s currency is a little confusing, you’re not alone. Sometimes China devalues its currency on purpose…[and] other times, China hoards gold or dumps U.S. bonds to prop it back up and protect its value. What gives? Today’s infographic demystifies the Chinese Yuan.
The comments above and below are excerpts from an article/infographic by Jeff Desjardins (Money.VisualCapitalist.com) which may have been enhanced – edited ([ ]) and abridged (…) – by munKNEE.com (Your Key to Making Money!) to provide you with a faster & easier read. Register to receive our bi-weekly Market Intelligence Report newsletter (see sample here , sign up in top right hand corner.)
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