CHINA TOPIX

11/02/2024 03:26:59 pm

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Commonwealth Bank of Australia

The yuan hit a new six-year low on Wednesday.

Chinese Yuan at Lowest in 6 Years Following Trump's Victory

Donald Trump's victory led to the Chinese yuan plunging to a six-year low. The fall is due to concerns about Trump's protectionist trade policies. The Chinese yuan seems to be heading for its third annual loss. The currency is down 4.4 percent this year.

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