Here's What Could Happen If the Yuan Slips to 7 a Dollar

  • Nation’s currency set for biggest monthly retreat since July
  • Investors waiting for U.S. and China to meet at G-20 summit
Enrique Diaz-Alvare, chief risk officer at Ebury, talks about the Chinese yuan.(Source: Bloomberg)
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A miserable month for China’s yuan is pressuring officials to decide how much they care about defending 7 a dollar.