China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk

Posted on August 26, 2022
In Atilla Widnell, Benchmark Bank Rate, capital outflows, chinese banks, Chinese currency, Chinese Yuan, CNY, domino effects, Economics, Evergrande situation, fiat currencies, Finance, Housing Crisis, Housing Sector, Navigate Commodities, News, PBOC, PBOC Slashes Rates, renminbi, robert kiyosaki, theconversation.com, USD, Yuan to Dollar, Zhirong Ou

China's Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid the depreciating yuan, China is suffering […]
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