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XE Market Analysis: Europe - Aug 12, 2015
أنا : Mr. Job The PBoC devalued again, shifting the yuan's reference rate to 6.3306 versus the dollar, which is a 1.6% weakening of the Chinese currency relative to yesterday's 6.228 (which itself marked a 1.9% depreciation). There seems a degree of acceptance in markets, with Credit Suisse economists, for instance, calculating that the yuan was 5 to 10% overvalued going into the devaluations, adding that anything more than a 10% shift in the currency would spark political backlash. Incoming Chinese data today, including production, retail sales and fixed-asset investment, showed weakness.
الموضوع الأصلي :
XE Market Analysis: Europe - Aug 12, 2015
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الكاتب :
Mr. Job
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