Archive for August 13th, 2015

New Overnight Developments Abroad - Daily Update

Yuan Down Again But at a More Gradual Pace

August 13, 2015

The Chinese renminbi dipped only 0.3% today. The dollar is unchanged against the Swiss franc and Aussie dollar, up 0.6% against the loonie, 0.5% relative to the euro, 0.9% versus the kiwi and 0.2% vis-a-vis the yen and sterling. In Pacific Rim stock market action, the Shanghai Composite Chinese index recovered 1.8%.  Equities rose 2.3% […] More

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