If China’s currency falls too steeply, the volatility could prompt traders to place large bets on further depreciation, making the decline harder to control.
China’s Renminbi Declines After Being Named a Global Currency, Posing Challenges
Forex – financial instrument.Forex news
If China’s currency falls too steeply, the volatility could prompt traders to place large bets on further depreciation, making the decline harder to control.