Charting A Decade Of Yuan Moves

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Charting A Decade Of Yuan Moves


China’s central bank has taken global markets by surprise with a historic shift in its management of the yuan. On Tuesday, the People’s Bank of China adjusted the yuan’s central parity – a daily fixing used to guide trading – down 1.9 percent.

H/T Barry Ritholtz

Charting A Decade Of Yuan Moves

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Source: Bloomberg Brief

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