TeleTrade - Analytics

    TeleTrade

    884.00 6.50/10
    65% of positive reviews
    Real

    11.08.2015 08:44 The yuan devaluates almost 2% against the U.S. dollar on Tuesday

    The yuan devaluated almost 2% against the U.S. dollar on Tuesday. The People's Bank of China set Tuesday's daily fixing at 6.2298 per U.S. dollar, down from 6.1162 on Monday.

     

     

    A weaker yuan should help to boost the activity in the manufacturing sector and exports, which dropped 8.3% year-on-year in July.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree