China sharply devalues yuan for second day

China sharply devalues yuan for second day

File photo taken in July 2015 shows the People's Bank of China in Beijing. China sharply devalued the yuan for a second day on Aug. 12, 2015, with the central bank setting its daily reference rate for the yuan 1.6 percent lower than the previous day at 6.3306 per U.S. dollar, sparking concerns over financial-market volatility and a currency war in Asia. (Kyodo) ==Kyodo

  • Product Code
  • ILEA000075115
  • Registered date
  • 2015/8/12 11:18:36
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 2909 × 2071 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 702.33(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    People's Bank of China

    People's Bank of China

    People walk past the People's Bank of China, the country's central bank, in Beijing on Aug. 1, 2018. (Kyodo) ==Kyodo
      China names Yi Gang as central bank chief

      China names Yi Gang as central bank chief

      Photo taken March 9, 2018, shows Yi Gang waving at the press in Beijing. The U.S.-educated economist was appointed on March 19 as governor of the People's Bank of China. (Kyodo) ==Kyodo
        China's central bank chief says yuan rate to be stable in 2017

        China's central bank chief says yuan rate to be stable in 2017

        People's Bank of China Governor Zhou Xiaochuan attends a press conference in Beijing on March 10, 2017 on the sidelines of a session of the National People's Congress. The central bank chief said he expects the country's economy and currency exchange rate to be stable in 2017. (Kyodo) ==Kyodo
          Gov't, BOJ affirm cooperation to cope with volatile yen moves

          Gov't, BOJ affirm cooperation to cope with volatile yen moves

          Masatsugu Asakawa, vice finance minister for international affairs, meets with reporters on Aug. 18, 2016, after attending a meeting of the government and the Bank of Japan in Tokyo. The two sides affirmed they will cooperate on taking necessary steps to cope with any speculative moves in the currency market after the U.S. dollar dropped below the 100 yen line. (Kyodo) ==Kyodo
            China's central bank cuts reserve requirement for lenders

            China's central bank cuts reserve requirement for lenders

            File photo taken in August 2015 shows 100 yuan bills and the People's Bank of China in Beijing. The Chinese central bank said Feb. 29, 2016, it will reduce the amount of cash lenders must hold as reserves in an attempt to make more money available in the financial system. (Kyodo) ==Kyodo
              China steps into forex market to support yuan: U.S.

              China steps into forex market to support yuan: U.S.

              File photo taken in August 2015 shows hundred yuan banknotes with the People's Bank of China in Beijing in the background. China intervened in the foreign exchange market in the July-September quarter, selling $229 billion worth of foreign currencies to support the yuan, according to a U.S. government estimate released Oct. 19. (Kyodo) ==Kyodo
                China to face tough economic conditions for up to 10 yrs: minister

                China to face tough economic conditions for up to 10 yrs: minister

                Chinese Finance Minister Lou Jiwei (R) and Zhou Xiaochuan, governor of the People's Bank of China, are pictured during a photo session for finance ministers and central bank governors from the Group of 20 economies on the final day of their two-day meeting in Ankara on Sept. 5, 2015. It was reported that Jiwei told his Group of 20 counterparts that the country's economy is likely to face tough conditions for up to 10 years. (Kyodo) ==Kyodo