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The Chinese yuan (CNY) fell to 6.8 CNY / USD against a dollar in twelve months, according to the Chinese central bank, allowing the yuan to weaken, to help the country's exporters to offset US tariffs. Friday's Chinese currency is 7.6% lower against the dollar in mid-February.
The fact that the Chinese central bank allows tight control of the yuan against the dollar could help the country's exporters cope with the rise. homework. Rajiv Biswas, of IHS Markit
however, believes that trade tensions are increasing investor nervousness, but the decline in the yuan is mainly due to the fact that Chinese economic growth is slowing and interest rates in China and the states United States are moving in the opposite direction. US Federal Reserve (Fed) raises interest rates, but Beijing frees access to credit to spur economic growth
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