Earlier on Monday, the PBOC set the yuan’s mid-point rate at 6.8673, stronger by 113 basis points from the previous session. Photo: EPA

Yuan shrugs off stronger fix to retreat against US dollar

In the spot yuan market in Shanghai, the US dollar bought 6.8896 yuan at 10.55 am, up 0.07pc from 6.885 late Friday

Topic |   Yuan

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Earlier on Monday, the PBOC set the yuan’s mid-point rate at 6.8673, stronger by 113 basis points from the previous session. Photo: EPA
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