Tag: Currency
Chinese yuan plummets despite state interventions
As the US-China trade war heats up, the Chinese yuan (RMB) has re-emerged. On August 3rd 2018, the People's Bank of China (China's central...
Trump: Chinese authorities manipulate RMB, “dropping like a rock”
Authorities controlling the People’s bank of China (PBOC) seem to have enjoyed the devaluation of the yuan (RMB) over the past month. Unlike the...
