China lets yuan break 7-per-dollar level for first time in over a decade

Re:China lets yuan break 7-per-dollar level for first time i... by bwb on Monday August 05, 2019 @09:40AM (#20614081)

Does anyone know what happens if we label them a currency manipulator?

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Re:China lets yuan break 7-per-dollar level for first time i... by AnimalMuppet on Monday August 05, 2019 @01:09PM (#20615875)

I don't think this is just cause for labeling them. This, if anything, is them manipulating less than they used to.

That said, labeling them would be a political act, not necessarily one based on objective evidence. In the current climate, it might happen.

And to answer your question: I at least do not know.

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Re:China lets yuan break 7-per-dollar level for first time i... by bwb on Monday August 05, 2019 @04:17PM (#20618428)

Gotcha, thanks!

I was reading some background, and someone mentioned an estimate of 10 per dollar to be a really true free-floating variable...

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