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DeepNewz, mobile.
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China's onshore yuan has dropped to its lowest level in four months, breaching a significant technical threshold. State banks have intervened as signs suggest China is easing control over the currency amid market expectations for further monetary easing to support economic growth.
BREAKING 🚨: Chinese Yuan China's currency plummeted against the U.S. Dollar to its lowest level since November. But BRICS though... https://t.co/Kwp7jNtRcs
China yuan slides to four-month low, state banks step in - Reuters https://t.co/oUxoXkvVz5
Yuan Falls to Four-Month Low on Signs China Is Loosening Grip https://t.co/UrVx7dowhT
