The Traderszone Network

Published in TZ Latest News 18 February, 2016 by The TZ Newswire Staff

Why the Chinese Yuan Will Lose 30% of its Value

The stark truth is nobody wants yuan any more. The US dollar (USD) has gained over 35% against major currencies since 2011. China’s government has pegged its currency, the yuan (renminbi) to the USD for many years. Until mid-2005…

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