Analysts seem divided on whether this is the start of a more flexible currency regime for China or an old-style devaluation. It appears to be a bit of both. China's economy has been struggling and a weaker currency would give it a boost, although most commentators say a steeper fall would be needed for a real impact.
The length of time depends on the severity of the offense. Most points (illegal turn, not making a complete stop, driving over the speed limit, etc.) and/or accidents will stay on your driver record for 39 months (3 years, 3 months). Points for more serious offenses, such as hit-and-run or a DUI, will stay on your record for 13 years.
In Virginia, the DMV has a complicated system for assessing speeding ticket points. And the tickets stay on the record for a varied number of years. The minimum is three years, but a speeding ticket could be on your record for 11 years! You have to look at the alleged speed. Based on that, you can tell how many points the ticket will cost you and how long it will stay on the record. Hereâs the scale: 1-9 (mph over the speed limit) â 3 points â 3 years 10-19 â 4 points â 5 years