Now less than 2 percent away from the 6.80 red line. Fix at 6.6375. Note the fix itself would have been a 52-week high for USDCNY.
This move was largely expected; no major follow on effects from this initial change in the exchange rate.
Varsity Blue’s Clues
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FEEDI have real suspicions about this information: the notion that the net
cost is about $13,000 a year is just plain wrong. It’s approaching $100,000
a ye...
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