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Reason: None provided.

Why are posting the inverse currency spread?

Spez: USD/CNY goes from 6.6716 to 6.73453 late on November 3. Pretty big move for a pegged currency pair. Wouldn't you agree?

Another way to put this is one moment it would cost 6.67 Yuan to buy 1 USD but then on news Trump was going to win it would cost 6.73 Yuan to buy 1 USD.

Don't they teach you economics in Peking?

4 years ago
2 score
Reason: Original

Why are posting the inverse currency spread?

election day the USD/CHY goes from a high of 6.74 and drops fast to 6.651. Its a notable drop for a currency that is pegged no?

What a douche you are.

4 years ago
1 score