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NOTHING IS PERMANENT EXCEPT CHANGE

PS: CURRENCY WAR ?

  • China's currency in the past week and half has fallen against the dollar, as President Donald Trump ramped up trade rhetoric and threatened more tariffs and other action.
  • That sparked speculation in the market that China could use its currency as a policy weapon, intentionally cheapening it to make its goods cost less on the world market.
  • However, analysts do not believe China would intentionally devalue its currency and said it could take other steps, like tariffs, to fight back against the U.S.
  • http://www.chungta.com/nd/tu-lieu-tra-cuu/chien_tranh_tien_te.html
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OTHER NEWS

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https://www.bloomberg.com/news/articles/2019-05-28/singapore-added-to-u-s-monitoring-list-on-currencies

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