Chinese Yuan Plummeted Against the U.S. Dollar, Lowest in Two Years

The Chinese Yuan has weakened significantly, reaching its lowest level against the U.S. Dollar in over two years. This decline is largely attributed to a combination of factors, including escalating trade tensions with the United States, particularly following tariff threats, and a deliberate move by China’s central bank, the People’s Bank of China (PBOC), to [...]The post Chinese Yuan Plummeted Against the U.S. Dollar, Lowest in Two Years appeared first on Tekedia.

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