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Thursday, 1 November 2018

China’s Yuan Exchange Rate Against Dollar Hits New Low Since 2008

BEIJING (Sputnik) – The People's Bank of China on Thursday lowered the yuan exchange rate by 0.28 percent to 6.9670 per one dollar, bringing the rate to the lowest point since the 2008 global financial crisis for the second time in a week amid Beijing’s trade war with Washington.

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