What do MC Hammer, the kid from Stand By Me (Will Wheaton), and that bald guy from “Heroes” (David Lawrence) have in common? If you took a wild guess from the headline that they’re involved in some kind of charity “tweet-a-thon” you’d be right.
Yuan Now Pegged Against a Basket
After a decade of being pegged to the U.S. dollar, China’s yuan currency has now been revalued by 2.1%, pegged against what they call a “basket of currencies”.
Yuan Revalued, No longer Pegged To U.S. Dollar
After being pegged to the U.S. dollar for 10 years, China has revalued its currency, the yuan by 2.1%. It is now 8.11 per U.S. dollar. Before, it was about 8.3.