The People’s Bank of China slashed USD/CNY yesterday; it was the second biggest one day revaluation for the yuan since it was depegged for the USD in 2005
The move today is not quite so dramatic …
The People’s Bank of China slashed USD/CNY yesterday; it was the second biggest one day revaluation for the yuan since it was depegged for the USD in 2005
The move today is not quite so dramatic …