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Show Notes
With the Chinese yuan breaking 7.00 to the US dollar, this not only sends a risk-off signal to investors but surfaces foreign exchange as having a more pronounced role in trade and beyond. The ringgit looks likely not to be spared and will probably breach 4.20.
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Topics
Government/Regulatory/Policy MakingEconomyMarketsPoliticsNewsCurrent AffairsyuanChinaUSPresident TrumpPeople's Bank of Chinacurrencytariff threat