Economy Updates

Tuesday, August 11, 2015

China Devalues Yuan by 2 %

China devalued Yuan by 2 %.

This is in line with China's stated objective of promoting export based economy.

This article is quite good: http://www.hindustantimes.com/business-news/what-yuan-devaluation-means-for-china-other-countries/article1-1379129.aspx
Posted by Aditya Agrawal at 9:45 PM
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      • Excellent Article on payment Banking
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      • RBI Keeps Rates Unchanged
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