China’s central bank on Thursday set the daily fixing 100 basis points, or 0.15 per cent weaker at 6.8692 to the US dollar, the lowest level since June 2008. Photo: Reuters

Yuan reverses despite tenth day decline in daily fixing

Offshore yuan traded in Hong Kong recovered from a three-day drop, up 0.13 per cent, or 87 basis points, to 6.799 against the US dollar

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China’s central bank on Thursday set the daily fixing 100 basis points, or 0.15 per cent weaker at 6.8692 to the US dollar, the lowest level since June 2008. Photo: Reuters
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