Anti -government protests in China provoked a decrease in the Yuan course. He lost 0.5%, decreasing to 7.199 per dollar, writes Reuters.
At the end of November, protests flashed throughout China and spread to several cities after a fire in the apartment of Urumchi, where 10 people were killed.
“We really look at the government’s reaction to what is happening,” said Chris Weston, head of the research department in PepperStone. He emphasized that she could be “unpredictable.”
“The state of risk in world markets associated with the situation with Covid in China apparently manifests itself in a lower profitability for long -term sovereign debts,” said the head of the European currency strategy BMO Capital Markets, Stephen Gallo.