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China Surprises With Mini-Devaluation
Tuesday, August 11, 2015 10:12
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Chinese officials surprised the market by instituting a mini-devaluation of the yuan. The 1.9% move was signaled by announcing the highest dollar fix in two years. Officials indicated that this was a one-off move in response to…
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Source: http://www.financialsense.com/contributors/marc-chandler/china-surprises-mini-devaluation
