As China's Offshore Yuan Crashes To A 2 Year Low, Beijing Warns Its Citizens: "Don't Buy Dollars"
January 30, 2015 at 21:20 PM EST
Recall that China, a mercantilist, export-driven country, has a currency that is pegged to the dollar in all but name, a dollar which has soared in the past 6 months to levels which have prompted countless other central banks to ease in recent weeks.