Originally posted by the Voice of America.
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                        Value of China's Currency Drops

   The value of China`s currency dropped this week, with a loss of about
   one percent by Friday.
   Stories in the financial press say that is the biggest decline for the
   yuan against the dollar in years.
   China`s money is also called the renminbi, and its value is tightly
   controlled by Beijing.
   The currency had been gaining value since 2005.
   The relative value of a currency affects the economy in many ways.
   For example, a cheaper currency can boost the economy by making a
   nation`s exports relatively cheap on global markets.
   But a weak currency could also contribute to inflation by raising the
   cost of imports, such as oil.
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   [1]http://www.voanews.com/content/value-of-chinas-currency-drops/186133
   1.html

References

   1. http://www.voanews.com/content/value-of-chinas-currency-drops/1861331.html