reminB crash? It didn't crash. It declined by 3%. That was just really because the PBOC, you have an offshore reminB and an onshore reminB. The offshore reminB was trading at a premium or at a gap with a gap. That's not legal under IMF rules. China very much wanted to become a reserve currency for the IMF. So they decided, okay, we're just going to close that gap and we're going to depreciate the onshore reminB by 3%. They didn't realize that all hell would break loose. The offshore reminB is for the tradable goods sector. There's one currency for the service sector in China and one. What is the breakdown there? The offshore reminB is really quite small. It's just trying to testing the waters to try to consider whether they might make the reminB convertible at some point. They've actually retracted the offshore reminB quite a bit since that time. At its height, I would say there was ... I don't even remember the numbers, but let's say 3 trillion reminB offshore one place or another, (10/57)
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