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China Actually Has Two Currencies—And It’s Fiddling Around With Both
If you micromanage the economy, one currency just doesn’t cut it
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Chinese Yuan Crashes, Central Bank Move Coming?
China’s yuan crashed against the dollar on Jan. 30 in offshore trading, spurring rumors that a central bank action to devalue the currency could be imminent.
|
China Actually Has Two Currencies—And It’s Fiddling Around With Both
If you micromanage the economy, one currency just doesn’t cut it
|
Chinese Yuan Crashes, Central Bank Move Coming?
China’s yuan crashed against the dollar on Jan. 30 in offshore trading, spurring rumors that a central bank action to devalue the currency could be imminent.
|