08-11-2015 08:04 AM
The Chinese government today allowed the devaluation of their currency to make their goods more attractive for exports.
http://www.wsj.com/articles/china-moves-to-devalue-the-yuan-1439258401
As if we did not have enough competition from the Chinese already!
08-11-2015 10:34 AM
Link requires the reader to subscribe to the Wall Street Journal.
08-11-2015 10:37 AM
Alternate news source for the story.
http://www.reuters.com/article/2015/08/11/us-markets-global-idUSKCN0QG00F20150811