Weird: China Sharply Weakened Its Currency Tonight

china yuan money cash dollars

We don’t know if this is a glitch or a middle finger or what. It’s certainly odd.


The talks at the G20 were supposedly productive and all about ending currency wars and then China sets the Yuan above 6.69 after a close yesterday just above 6.66.

Elsewhere on the currency front, the dollar continues to make progress against the yen after hitting all-time lows on Monday.

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