China's Yuan Reverses Course, Rises Against Dollar

in #crypto6 years ago

China's Yuan Reverses Course, Rises Against Dollar

https://images.wsj.net/im-16792/social

Click here to read source article from The Wall Street Journal

Summary

The Chinese currency surged against the dollar on Wednesday, continuing a recovery that began the previous afternoon after China’s central bank chief pledged to keep the exchange rate “basically stable.”

My Thoughts

New technologies are amazing and it's exciting to see what the future is going to hold. How does this article effect your perception of the industry? Please share your thoughts below. I'm actually not sure what I think about all this - I would like to discuss with you guys though! What are your thoughts on this news?

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