The yuan fell below a psychological mark

The yuan of lower than 7 for dollar testifies to problems in the Chinese economy. Recently in the trade and financial relations between China and United States of America some kind of psychological barrier was formed: yuan exchange rate to the American dollar at the level of 7 yuans for dollar. Now the yuan for the first time this year fell below this "the red line". According to information agency "Bloomberg" it means that recovery of the second economy of a planet after a koronavirusny pandemic takes place not so smoothly as hoped in Beijing. The yuan fell lower than 7 for dollar after emergence this week of April data on the volume of the industrial...