Chinese Yuan Stays Slack, Weakens Against USD Again
Liao Shumin
DATE:  Nov 27 2018
/ SOURCE:  yicai

(Yicai Global) Nov. 27 -- The central parity rate of the Chinese yuan fell to 6.9463 today, yielding 10 basis points against the US dollar, per the China Foreign Exchange Trade System.

Despite the redback ebbing for two days in a row, the decline has narrowed from yesterday's drop of 147 basis points.

(Editor: Ben Armour)

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