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Why has China devalued its currency and what impact will it have?

What has China accomplished? China’s important bank has devalued the yuan by nearly 2% against the dollar for the second time in days to boost exports and take it a step closer to turning into a reputable reserve currency. Why has Beijing acted now? Business production, investment and...

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Why a global currency should remain an impractical dream

These days’s world is greater economically and financially incorporated than at any time since the...

The perils of China’s currency devaluation

the current decline in China’s foreign money, the renminbi, which has fuelled turmoil in chinese inventory...

China’s currency devaluation could spark ‘tidal wave of deflation’

“Make no mistake, this is the being of something massive, something unsightly.â€...

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