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Why the Chinese Yuan Was Lowered Today - and What That Means for Your Money
The Chinese yuan tumbled to a three-week low against the U.S. dollar today (Monday), and that's having a ripple effect throughout global markets.
China's central bank cut reserve requirements for most major banks today in a move aimed at boosting growth in the world's second-largest economy.
The Chinese yuan tumbled to a three-week low against the U.S. dollar today (Monday), and that's having a ripple effect throughout global markets.
China's central bank cut reserve requirements for most major banks today in a move aimed at boosting growth in the world's second-largest economy.