Chinese Yuan Falls Despite PBOC’s Efforts

Chinese yuan dropped on Tuesday despite the PBOC’s injection of $74 billion into the country’s banking system the day before in a bid to strengthen the currency. Separately, China’s foreign ministry spokesman Geng Shuang said the country is not looking to boost its exports through devaluing the yuan. “The yuan’s exchange Read more…

Visit Us On FacebookVisit Us On TwitterVisit Us On YoutubeVisit Us On Instagram