CNY Message Board Post 9377446 | Market Vectors Chinese...
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bd49th
(investorshub)
Posted on: Jan/08/2019 19:10:27
Source: investorshub
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145958805
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China is among the world’s leading economies , with the country’s gross domestic product second only to that of the United States as of 2023. The country of over 1.41 billion people has a bigger economy than the European Union and holds more foreign exchange reserves than any ...
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The USD/CNY exchange rate has been in a steep sell-off as China’s fundamentals improved. It crashed to a low of 6.945, the lowest level since September 14. The Chinese yuan has crashed by more than 4.7% from its highest level in November. Chinese reopening continues The...
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Forbes Media Chair Steve Forbes has warned that governments and central banks have ignored the significance of having stable currencies by emphasizing interest rate hikes to curb inflation . On Monday, the British pound slightly dropped 4% to $1.0382 in Asian Markets aft...