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DeepNewz, mobile.
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#Chinese #yuan weakens sharply against dollar to hit four-month low https://t.co/sHd3czvR1a
Offshore RMB has fallen below the 7.28 mark against the USD, dropping over 300 basis points today. #RMB #USD #OffshoreYuan #Forex #CurrencyMarket #ChinaEconomy https://t.co/zQJ2ihx7yA
The offshore #renminbi fell nearly 0.4% against the US dollar, reaching the lowest level since July. #China #FOREX #forextrading #ForexMarket #Dollar https://t.co/3xhKOYiLB0
The Japanese yen weakened by 0.6% against the US dollar, while the Chinese yuan also experienced significant depreciation. The offshore renminbi fell nearly 0.4% against the dollar, reaching its lowest level since July, and dropped below the 7.28 mark, losing over 300 basis points in a single day. The yuan's decline marks a four-month low as it heads toward its weakest level in a year.
