Tobin Transaction Tax On Currency Speculation Likely Ahead In China; Could Crush Hedge Funds – ValueWalk Premium

Tobin Transaction Tax On Currency Speculation Likely Ahead In China; Could Crush Hedge Funds

Reports Chinese authorities are drafting rules on a Tobin transaction tax to curb currency speculation have led to further currency price drops in the renminbi and may be impacting U.S. markets, analysts say. Many hedge funds have been speculating on the Chinese

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