The offshore market briefly slid 0.8 per cent to a low of 6.841 against the US dollar, the biggest drop in six months. It was changing hands at 6.8231 per dollar at 11am, still down 0.5 per cent from a night trading close of 6.7889 in the previous session. Photo: Reuters

Offshore yuan slides after record two-day surge, shaking off strongest fixing in 11 years

Wild moves seen in offshore market as the yuan retreats after soaring 2.4 per cent in the past two days

Topic |   Yuan

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The offshore market briefly slid 0.8 per cent to a low of 6.841 against the US dollar, the biggest drop in six months. It was changing hands at 6.8231 per dollar at 11am, still down 0.5 per cent from a night trading close of 6.7889 in the previous session. Photo: Reuters
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