The yuan has been losing in value against the US dollar for seven consecutive sessions. Photo: Reuters
The yuan has been losing in value against the US dollar for seven consecutive sessions. Photo: Reuters
Yuan

Currency strategist expects China’s central bank to intervene as yuan weakens for seventh day

Yuan has wiped off all gains against the US dollar this year, but the currency may bounce back after US dollar loses momentum from its recent rally

The yuan has been losing in value against the US dollar for seven consecutive sessions. Photo: Reuters
The yuan has been losing in value against the US dollar for seven consecutive sessions. Photo: Reuters
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