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The Effects of the Chinese Yuan Devaluation on Global Currencies

The Effects of the Chinese Yuan Devaluation on Global Currencies

China changed the way the reference rate was calculated last August 11th, 2015. This had immediate and long-term effects on the exchange rates of just about every currency.

The infographic shows the devaluation of the Renminbi against other currencies after 24-hours, 1-week and 1-month since the devaluation on August 11th.



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