As the chart shows, the USD/CNH rate reached 7.36 today. According to some sources, this is not only the minimum for the yuan for 2023, but also the minimum for 16 years (it depends on whether the 2022 low is considered broken).
Global markets slide on recession fears newkerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newkerala.com Daily Mail and Mail on Sunday newspapers.
Hong Kong (CNN) — Asian stock markets tumbled Friday as investors fretted that more interest rate hikes by major central banks would drag on global economic growth.