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China’s Devaluation of the Yuan

August 20, 2015 / by NEPC

Last week, China’s central bank, the People’s Bank of China (PBoC), took swift but measured actions to devalue the Chinese yuan (also known as the Renminbi) relative to the US dollar, resulting in a loss of about 3%.  Click here for the full article. 

 

Topics: Market Chatter, Research

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