8 groups yuan depreciation will impact most
By Sun Chengdong (chinadaily.com.cn) Updated: 2015-08-13 06:32No 2 Firms going long on yuan
Some of export companies betting on the appreciation of the yuan to increase their revenues and borrowing from the bank to increase their exposure of exchange rate, as the result, their loss in this round of devaluation will also magnified.
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US currency [File photo] |
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