December 15th, 2015

China Currency Weakens: Another Step Towards Decoupling

By Natalia Gurushina, VanEck, Economist, Emerging Markets Fixed Income China halted U.S. agricultural imports and let the currency weaken beyond 7/U.S. dollar, giving more credence to the “decoupling” narrative. The only two major emerging markets currencies that escaped the morning carnage were...
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