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 Massachusetts, speeding tickets stay on driversâ records for six years and insurers penalize drivers as long as the infraction is on their records, which means that Boston drivers end up paying $1,559.75 total in increased premiums. Tack on the cost of the ticket, and that comes to a whopping $1,714.75.However, not all Boston-area drivers receive the same treatment from insurance carriers after a speeding ticket. Drivers in Boston are charged $323.73 more per year, while Newton driversâ premiums only go up by $172.00 on average.ack on the cost of the ticket, and that comes to a whopping $1,714.75. However, not all Boston-area drivers receive the same treatment from insurance carriers after a speeding ticket.