China’s Yuan Move Exacerbates Argentina’s Crisis After Real Devaluation
Yuan’s Fall: China’s Economic Slowdown Sparks Currency Concerns The US dollar surged past a key psychological barrier against the Chinese yuan, climbing above 7.3 yuan per dollar. This marks a critically important shift in China’s monetary policy,reflecting the nation’s ongoing economic slowdown. Analysts point to the widening interest rate differential between the US and China, … Read more