"Generally speaking, the devaluation is negative for stocks," wrote Wang Yang, analyst at Guotai Junan Futures. Chinese stocks ended mixed on Tuesday as the central bank's surprise decision to allow ...
new video loaded: Chinese yuan slides further after major devaluation The yuan continued its fall a day after China devalued the currency to possibly help prop up the slowing economy, and both ...
The rand has fallen close to 5 percent in the last month against the dollar and over 4 percent against the pound and the euro in the same period. The rand slipped over half a percent against the ...