Tumbling yuan, a new twist in US-China trade war

Tumbling yuan, a new twist in US-China trade warThe yuan plummeted Monday to an eleven-year low versus the dollar, adding fuel to the China-US trade war. - What determines the yuan's level? Ordinarily, the yuan's exchange rate is determined by the currency's supply and demand, a result of factors including China's trade balance and the country's interest and inflation rates.




from Yahoo News - Latest News & Headlines https://ift.tt/2GNUfSl

Share:

No comments:

Post a Comment

Site Links

Popular Posts

FOLLOW ON FACEBOOK

More on

FOLLOW ON TWITTER

Blog Archive

Recent Posts

Unordered List

  • Lorem ipsum dolor sit amet, consectetuer adipiscing elit.
  • Aliquam tincidunt mauris eu risus.
  • Vestibulum auctor dapibus neque.

Sample Text

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Pages

Theme Support

Need our help to upload or customize this blogger template? Contact me with details about the theme customization you need.

Popular Posts