atans1

Trump’s US$ trumps Xi’s Renminbi

In China, Currencies on 27/10/2018 at 9:57 am

Yesterday, the renminbi touched Rmb6.9462 to the dollar, its weakest level since 2008 on Friday.

The cont’d rise and then collapse of renminbi during Xi’ reign (starting in Nov 2012). When Trump became president the renminbi rose, then collapsed.

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