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Inovance 2015.09.23 22:03 
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.

You can find the original article and enlarged infographic here.

The Effects of the Chinese Yuan Devaluation on Global Currencies

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