China devalues yuan currency to three-year low

BBC News  |   2015-08-11 21:34
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China's central bank has devalued the yuan to its lowest rate against the US dollar in almost three years. The lender said the move was a "one-off depreciation" of 1.9% in a move to make the exchange rate more market-oriented. The move, which makes ...New York TimesBloombergBusiness Insider - -
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