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"World faces deflation shock as China devalues at accelerating pace"

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 7, 2016.

  1. ForexLive

    ForexLive Forum Member

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    The PBOC has been cutting the value of the yuan at an accelerated pace since the Brexit vote We've been noting this ever since the vote. Eg., : from June 28 Yesterday's USD/CNY mid point was the highest since December of 2010 ... surpassed today.

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