Chinese Yuan Falls To 10-month Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian
session on Wednesday.
Against the greenback, the yuan slid to a 10-month low of 7.3217
from a recent high of 7.3098. At yesterday's close, the yuan was
trading at 7.3040 against the greenback.
If the yuan extends its downtrend, it is likely to find support
around the 7.34 area.
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