Chinese Yuan Hits 15-Year Low on Political Jitters, Weak PBoC Fix
By Ambar Warrick Investing.com– China’s yuan hit its weakest level in nearly 15 years on Tuesday, while its offshore counterpart hit a new record low on growing concerns that the country’s new political leadership could jeopardize economic growth with anti-business policies. The fell 0.6% to 7.3079 to the dollar, its weakest level since December 2007, while …
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