Business / 2015 Top 10

8 groups yuan depreciation will impact most

By Sun Chengdong (chinadaily.com.cn) Updated: 2015-08-13 06:32

No 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.

8 groups yuan depreciation will impact most

US currency [File photo]

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