What the Heck Is Going On With the Chinese Yuan?

Lorimer Wilson November 7, 2016 Comments Off on What the Heck Is Going On With the Chinese Yuan? 2,162 Views

If you think that China’s currency is a little confusing, you’re not alone. Sometimes China devalues its currency on purpose…[and] other times, China hoards gold or dumps U.S. bonds to prop it back up and protect its value. What gives? Today’s infographic demystifies the Chinese Yuan.

The comments above and below are excerpts from an article/infographic by Jeff Desjardins (Money.VisualCapitalist.com) which may have been enhanced – edited ([ ]) and abridged (…) – by munKNEE.com (Your Key to Making Money!) to provide you with a faster & easier read. Register to receive our bi-weekly Market Intelligence Report newsletter (see sample here , sign up in top right hand corner.)

Courtesy of: The Money Project, an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.

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