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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (112904)	8/12/2015 8:00:43 AM
From: elmatador	Respond to of 219688

China further devalued its currency Wednesday as the world's second largest economy aggressively pushed back against slowing growth and trade, roiling global financial markets and driving expectations the currency could be set for more falls and even open a new currency war. The People's Bank of China, or PBOC, its central bank, said the daily reference or fixing rate for the yuan against the dollar dropped 1.6% Wednesday after it was cut by 1.9% on Tuesday ... They said China is not declaring a currency war, which is when countries compete against each other to get a low exchange rate for their respective currencies to boost exports and competitiveness usatoday.com