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Share Advanced | 专家：虽然人民币兑美元汇率跌至6.9，但人民币并不脆弱 | Experts: China's currency is not vulnerable despite falling to 6.9 against US dollar | Mandarin Chinese Story
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Advanced | 专家：虽然人民币兑美元汇率跌至6.9，但人民币并不脆弱 | Experts: China's currency is not vulnerable despite falling to 6.9 against US dollar | Mandarin Chinese Story
The yuan has been trading at 6.9 to the dollar since March this year. This has led many netizens to worry about the ability of China's financial system to cope with a potential financial crisis. But in fact, China's exchange rate against the dollar has always fluctuated. This fluctuation has stabilized between 6.2 and 7 in recent years.
Join other motivated learners on your Chinese learning journey with maayot. Receive a daily Chinese reading in Mandarin Chinese in your inbox. Full text in Chinese, daily quiz to test your understanding, one-click dictionary, new words, etc.
Got a question or comment? Reach out to us at contact[at]maayot.com
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By maayot
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The yuan has been trading at 6.9 to the dollar since March this year. This has led many netizens to worry about the ability of China's financial system to cope with a potential financial crisis. But in fact, China's exchange rate against the dollar has always fluctuated. This fluctuation has stabilized between 6.2 and 7 in recent years.
Join other motivated learners on your Chinese learning journey with maayot. Receive a daily Chinese reading in Mandarin Chinese in your inbox. Full text in Chinese, daily quiz to test your understanding, one-click dictionary, new words, etc.
Got a question or comment? Reach out to us at contact[at]maayot.com
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