Yuan Outpaced by Euro, Pound Sees China’s Currency at 2014 Low

Updated on
  • Yuan falls most in two weeks against trade-weighted basket
  • Repo rate increases for third day to highest in a month

The yuan declined to the lowest level since October 2014 against a basket of currencies as easing concern over a U.K. exit from the European Union propelled gains in the euro and the British pound.

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