Stacking up the Benjamins and Maos

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Stacking up the Benjamins and Maos

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An official from KEB Hana Bank’s counterfeit money inspection team examines U.S. dollar and Chinese yuan bills on Monday in Seoul. With a trade war between the United States and China escalating, Bloomberg reported Monday that the yuan plunged beyond 7 yuan per dollar for the first time since 2008. Major Asian stock markets, exchange rates and raw material prices fluctuated Monday, affected by the escalated tension between the two countries. [YONHAP]
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