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Currency Trends in Emerging Countries: June and First Half 2018 (Monthly Report)

4 July 2018 - The renminbi has in June experienced its hardest monthly decline in over twenty years, creating speculations about a currency war and forcing the People’s Bank of China to take countermeasures. A relief of political uncertainty in the eurozone has stabilized the euro for now, following its recent decline. Meanwhile, the Pakistan rupee has taken yet another harsh plunge amid the country’s large trade deficit. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period.


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