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Topic: Devaluation of Chinese Yuan - page 8. (Read 6884 times)

full member
Activity: 140
Merit: 100
August 11, 2015, 05:15:26 AM
#4
Lets hope you longed on 1broker
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 11, 2015, 05:11:48 AM
#3
YUAN can be a coin to relate to other fiat and to BTC hope they open the buda eyes a bit into japan Yen too.

I'd rather think that the Yuan is going to be Japanized soon, that is turned into another Yen, ever being devalued by the government. China has long surpassed Japan in the amount of the US debt held, so it seems to be right on the edge of becoming the next Japan a lot more, wtf...
member
Activity: 84
Merit: 10
August 11, 2015, 02:46:51 AM
#2
YUAN can be a coin to relate to other fiat and to BTC hope they open the buda eyes a bit into japan Yen too.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 11, 2015, 02:41:44 AM
#1
China’s central bank devalued its government controlled currency by 1.9% today, from 6.1162 on Monday to 6.2298 on Tuesday (today). Now we should expect the general Chinese public running from their national currency into BTC and USD...

And I guees this step from the PBC was just the beginning
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