Especulando sobre la estrategia de las autoridades monetarias chinas respecto a la valoración del Yuang y el Dolar USA
«China will sell her dollars not to protect the yuan, but to dispose of an overvalued currency.»
The announcement that China will start targeting the yuan against a basket of currencies and not the dollar is consistent with the strategy of undermining the dollar’s value. While the view of a looming Yuan devaluation seems almost universal, GoldMoney’s Alasdair Macleod warns instead that somethin…
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