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What’s Depressing the Yuan and Yen?
Posted
September 11, 2023
Views
2,148
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22
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1.12%
September 11, 2023
2,148
22
2
1.12%
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1:11Now PlayingRenewed strength in the US dollar is creating havoc for China’s yuan and Japan’s yen. Since the start of September, the yen has touched a 10month low, while the yuan plumbed a 16year low as China’s economic woes deepened. Here’s what you need to know about the Asian currencies, and how corrective efforts by China and Japan’s governments could impact the global economy. Presented by @cmegroup
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