The yuan fell to its weakest level against the dollar since December 2010 after Britain’s vote to leave the European Union and global markets were sent on a roller-coaster ride. China’s central bank tried to reassure markets last week, saying the expectation for the yuan against the currency basket is stable, but renewed strength in the US dollar has stoked expectations for a sharp depreciation of the yuan. Will the slump continue? Listen to economists weigh in on CCTVNEWS.
Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv
Follow us on: