Yuan weakens to 6.86 per US dollar

Business | 15 May 2019 10:34 am

The Chinese currency, the yuan, weakened by 284 basis points to 6.8649 against the U.S. dollar today.  This was a  4 1/2-month low.

 In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

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