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YEN PLUMBED, YUAN ACCELERATE

Published On 14 Jan 2020 12:25 PM


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Japanese yen fell to eight-month lows while China’s Yuan climbed to its highest since July at the start of the trading today. This came after the US Treasury Department reversed its decision to designate China as a currency manipulator which it took in August.

The announcement came as the Chinese Vice Premier Liu arrived in Washington to complete the signing ceremony of phase one of the trade deal between Washington and Beijing....


Tags : Yen, Yuan, Dollar, Forex, Euro, US-China,
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