Reuters: Weaker Chinese yuan talk raises spectre of FX race to the bottom

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Reuters: Weaker Chinese yuan talk raises spectre of FX race to the bottom

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12-12-2024, 09:00 AM

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Reuters: Weaker Chinese yuan talk raises spectre of FX race to the bottom

An honorable member of the Coffee Shop Has Just Posted the Following:

Weaker Chinese yuan talk raises spectre of FX race to the bottom

https://www.msn.com/en-ca/money/top...-spectre-of-fx-race-to-the-bottom/ar-AA1vH9Xk

Reuters reported on Wednesday that China was considering letting the yuan fall to weather what is likely to be a sharp hike in tariffs, citing people familiar with the matter. The yuan immediately dipped against the...

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