Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
Yuan devaluation raises currency war anxiety
The anxiety level about a fresh round of worldwide currency skirmishes just went up by a notch. The trigger this time is a surprise, near 2 per cent devaluation of the Chinese yuan against the US dollar.
PHOTO: AFP
Singapore
THE anxiety level about a fresh round of worldwide currency skirmishes just went up by a notch. The trigger this time is a surprise, near 2 per cent devaluation of the Chinese yuan against the US dollar. The People's Bank of China (PBOC) downplayed the move as a "one-time...
Please log in to continue reading.
