Yuan Nears Multi-Year Lows on the Weaker Economy

<p>Another set of statistics from China has added to the wave of disappointment over the momentum of the world’s second-largest economy, prompting a dichotomic response from regulators. Retail sales in July were only 2.5% y/y, down from 3.1% y/y in the previous month and in stark contrast to the expected acceleration to 4.2% y/y. Until […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/514424-yuan-nears-multi-year-lows-on-the-weaker-economy/">Yuan Nears Multi-Year Lows on the Weaker Economy</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>