chinese yuan

Trump obviously feels no compunction about gouging taxpayers to put more money in his pockets.
China is emerging as a reassuringly stable, mature and responsible power in these uncertain times.
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China's weight in the world economy has been rising and was made excruciatingly apparent by the turmoil in U.S. equities markets over the past few weeks. Much of current stock market anxiety was at least "assembled" in China.
The Central Bank of China moved last week the decision to devalue the country's currency, the yuan, leading to a three-year low against the dollar. The cause of the devaluation was the slowdown in growth of the Chinese economy to 7 percent in the first two quarters of 2015.
The global rout started in China.
WASHINGTON -- The action taken by China, far from being a step to manipulate its currency, is actually an effort to let the RMB fluctuate according to the dynamics of the exchange markets.
Yesterday's devaluation of 1.9 percent in the value of the Yuan was followed today by another cut of one percent by China's
Some suspect the move could be the beginning of a longer-term slide in the exchange rate.
Whatever Beijing implies in its public statements, it neither wants its yuan to replace the dollar, nor could it, even if China's leadership wanted.