The Effects of the Chinese Yuan Devaluation on Global Currencies

On August 11th, 2015, China changed the way the way the reference rate was calculated.

This had immediate and long-term effects on the exchange rates of just about every currency.

The infographic below shows the devaluation of the Renminbi against other currencies after 24-hours, 1-week and 1-month since the devaluation on August 11th.

Click here to see the original post and enlarged image.