The PBOC has been cutting the value of the yuan at an accelerated pace since the Brexit vote
We’ve been noting this ever since the vote. Eg., :
from June 28
Yesterday’s USD/CNY mid point was the highest since December of 2010 … surpassed today.
The PBOC has been cutting the value of the yuan at an accelerated pace since the Brexit vote
We’ve been noting this ever since the vote. Eg., :
from June 28
Yesterday’s USD/CNY mid point was the highest since December of 2010 … surpassed today.