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[Photo] China Lowers Yuan Value Again... Lowest Since Global Financial Crisis

[Photo] China Lowers Yuan Value Again... Lowest Since Global Financial Crisis


On the 26th, the exchange rate for the Chinese yuan was displayed on an electronic board at a currency exchange booth in Myeongdong, Seoul. On the same day, the People's Bank of China, the country's central bank, set the exchange rate at 7.1293 yuan per US dollar. This is the highest level in over 12 years since February 27, 2008, during the global financial crisis. / Reporter Mun Honam munonam@


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