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Zero Hedge — China Fixes Yuan Weaker Than 7 For First Time In Over 11 Years

Summary:
For the first time since March 2008, PBOC fixed the yuan weaker than 7 per USD.... Zero Hedge China Fixes Yuan Weaker Than 7 For First Time In Over 11 Years Tyler DurdenSee also at ZHRay Dalio Tells Investors 'Bet On China' As The Next Global Empire

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For the first time since March 2008, PBOC fixed the yuan weaker than 7 per USD....
Zero Hedge
China Fixes Yuan Weaker Than 7 For First Time In Over 11 Years
Tyler Durden

See also at ZH

Ray Dalio Tells Investors 'Bet On China' As The Next Global Empire

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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