The Chinese yuan traded offshore fell to its lowest level in eight months on Friday. Photo: BloombergThe Chinese yuan traded offshore fell to its lowest level in eight months on Friday. Photo: Bloomberg
The Chinese yuan traded offshore fell to its lowest level in eight months on Friday. Photo: Bloomberg

Offshore yuan slides towards record low after Trump tariff threat

  • The offshore yuan traded weaker on Friday, touching a low of 6.98 against the US dollar, close to its lowest level in two-and-a-half years
Topic |   Currency war
The Chinese yuan traded offshore fell to its lowest level in eight months on Friday. Photo: BloombergThe Chinese yuan traded offshore fell to its lowest level in eight months on Friday. Photo: Bloomberg
The Chinese yuan traded offshore fell to its lowest level in eight months on Friday. Photo: Bloomberg
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