Yuan Weakens Past 6.7 Versus Dollar for First Time in Five YearsBloomberg News
Currency drops to lowest level since 2010 as home prices cool
Market may take it as signal PBOC will allow further drop: ANZ
China’s yuan fell beyond 6.7 per dollar for the first time in more than five years, fueling depreciation concerns amid cooling property prices and a rebound in the dollar.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.