China's currency plummeted to a three-year low as tradeworm dominated
New delhi date. August 26, 2019, Monday
Today, the currency of the yuan fell to the bottom of the five-year low, with the US-China trade union dominating, with China's economy shocking.
According to global trade experts, the trend of trade wars between the United States and China has gradually increased. This is adversely affecting the economy of the country. Which has affected China more. Hong Kong's adversity has also had an impact on China's economy.
Due to the adverse environment created by China today, the yuan was broken down by the dollar at the dollar level. Which is the lowest level since February 1.
It is worth mentioning here that due to the vigor of the tradeworm, the Chinese authorities have reduced their currency devaluation by 8.5% in the early months of the current month.
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