The PBOC set the reference rate for onshore yuan trading higher for the first time since November 4. Photo: Reuters

Offshore yuan falls to lowest level on record as capital outflows accelerate

Onshore yuan gains slightly after the PBOC raised the daily reference rate following 12 straight cuts

Topic |   Yuan

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The PBOC set the reference rate for onshore yuan trading higher for the first time since November 4. Photo: Reuters
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