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renminbi
August 18, 2015
Dr. Martin Patrick
at
August 18, 2015
Categories
Articles
Centre for Comparative Studies
Devaluing Yuan: Taking the first bite of the cherry!
Starting with two per cent devaluation on 11th August which was yuan’s or renminbi’s, biggest one-day devaluation in 20 years, China followed a three days devaluation that knocked more than three per cent off its currency value. The value of […]