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How Low Can China Go? More Downside Possible If This Happens (And Here's A Way To Play It)
Saturday, December 5, 2015 - 2:19pm | 757The IMF recently announced that the Chinese RMB would be the fifth currency included in the SDR (Special Drawing Right) basket. The currency will be given a weight of 10.92 percent in the SDR. In a recent report, UBS analysts shared a look into how this decision impacts liquidity and the overall...