The Effects of the Chinese Yuan Devaluation on Global Currencies
23 September 2015, 23:28
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On August 11th, 2015, China changed the way the way the reference rate was calculated.
This had immediate and long-term effects on the exchange rates of just about every currency.
The infographic below shows the devaluation of the Renminbi against other currencies after 24-hours, 1-week and 1-month since the devaluation on August 11th.
Click here to see the original post and enlarged image.
