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China’s Currency Is Weakening. It’s Too Easy to Misread Why.
Aggregated Source: ChinaLegalBlog.com

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About the author: Marc Chandler is chief market strategist for Bannockburn Global Forex, a division of First Financial Bank.

The dollar’s strength this year has bulldozed many currencies. But the exchange rate against the greenback may overstate the weakness of foreign currencies on a trade-weighted basis, including the Chinese yuan.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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