The devaluation of other currencies against the dollar has made Chinese exports less competitive and affect the growth of this country.
China faces its slowdown with interest rate cuts . This monetary policy , reduced export competitiveness and economic slowdown justify a future policy of devaluation of the yuan. Buy and hold USDCNY
China faces its slowdown with interest rate cuts . This monetary policy , reduced export competitiveness and economic slowdown justify a future policy of devaluation of the yuan. Buy and hold USDCNY