The People’s Bank of China on Wednesday set the yuan reference rate at 6.9066 to the US dollar, 0.04 per cent weaker than on Tuesday. Photo: Reuters

Offshore yuan trades weaker than onshore counterpart for third day

Offshore yuan was little changed at 6.9115 per dollar, but trading at a weaker level than onshore yuan’s 6.9051

Topic |   Yuan

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The People’s Bank of China on Wednesday set the yuan reference rate at 6.9066 to the US dollar, 0.04 per cent weaker than on Tuesday. Photo: Reuters
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