China ' s economic woes mount with the yuan hitting a 16-year low

Dollar vs. Yuan ByoungJoo/Getty Images The yuan has plummeted against the dollar this year, as China's economy stagnated. Now, the struggling currency has dropped to a 16-year low versus the dollar. The yuan latest drop came as official data showed Chinese exports declined for the fourth straight…#chineseyuan #peoplebankofchina #pboc

Source: Reuters: Health - September 7, 2023 Category: Consumer Health News Source Type: news