This photo illustration taken on August 9, 2016 shows Chinese 100 yuan notes (15 USD) in Beijing. A year ago on August 11, 2015 Chinese authorities stunned global markets by devaluing their yuan currency, raising fears the world's second-largest economy was worse off than thought -- but investors are now more sanguine about a weaker "redback". / AFP PHOTO / FRED DUFOUR / TO GO WITH AFP STORY CHINA-ECONOMY-CURRENCY,FOCUS BY BILL SAVADOVE

Disappointing exports and fast capital outflows drive yuan towards six-year low

China’s foreign exchange reserves fall for fourth month in a row in October, shrinking by US$45.7 billion to US$3.121 trillion

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This photo illustration taken on August 9, 2016 shows Chinese 100 yuan notes (15 USD) in Beijing. A year ago on August 11, 2015 Chinese authorities stunned global markets by devaluing their yuan currency, raising fears the world's second-largest economy was worse off than thought -- but investors are now more sanguine about a weaker "redback". / AFP PHOTO / FRED DUFOUR / TO GO WITH AFP STORY CHINA-ECONOMY-CURRENCY,FOCUS BY BILL SAVADOVE
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