@AfricaNews

Chinese Yuan at its lowest in 10 years | Africanews

6 days ago, 10:18

By: Africanews

China has dropped its national currency’s reference rate against the US dollar by nearly 10%, in a bit to boost its exports. The Central Bank aims to determine the real value of the Yuan on the world market, in order to take into account its supply and demand on the foreign exchange market.


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Category: africa africa_business business news topnews

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@AfricaNews

Chinese Yuan at its lowest in 10 years | Africanews

6 days ago, 10:18

By: Africanews

China has dropped its national currency’s reference rate against the US dollar by nearly 10%, in a bit to boost its exports. The Central Bank aims to determine the real value of the Yuan on the world market, in order to take into account its supply and demand on the foreign exchange market.


Read More

Category: africa africa_business business news topnews

Suggested

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