View Single Post
Old 12-08-2015, 04:31 AM #1
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 184,911
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 184,911
Default China Devalues Yuan a 2nd time yesterday and today


You Better start counting faster , love


[China has devalued its tightly-controlled currency - sending the yuan
to its lowest point against the US dollar in almost three years.
The surprise decision by the country's central bank
follows a trade slump, with exports in July 8.3% lower than a year earlier.]


http://news.sky.com/story/1533864/ch...kstart-economy


Supply and no demand problems




Will this effect anyone in Manchester England
Yes in the long run.


Sign Of The Times

Last edited by arista; 12-08-2015 at 04:34 AM.
arista is offline   Reply With QuoteReply With Quote