The yuan reference came 92 basis points or 0.13 per cent stronger at 6.8806 against the US dollar. Photo: AFP

Yuan strengthens, reversing previous days’ declines

Offshore yuan in Hong Kong broke its five-day decline to trade 0.13 per cent or 91 points higher at 6.8628 against the US dollar by 1pm. On Monday morning, it had reached its weakest level in a month at 6.8764.

TOP PICKS

The yuan reference came 92 basis points or 0.13 per cent stronger at 6.8806 against the US dollar. Photo: AFP
READ FULL ARTICLE