News Sources wrote an interesting post today on
Here’s a quick excerpt

The Japan Times

The folly of China's forex policyThe Japan TimesBERKELEY, CALIFORNIA – On Aug. 11, China devalued its currency by 2 percent and modestly reformed its exchange rate system. This was no earth-shattering event, but financial markets responded as if a meteorite had struck them. The negative reaction is …China End-August Forex Purchase Position at CNY28.18 Trillion NasdaqChina to let foreign c.banks trade in forex market ReutersChina records biggest forex drop in August Xinhuaall 52 news articles »

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