yuan sinks

BEIJING | China’s yuan sinks further after US currency report

BEIJING— China’s politically sensitive yuan has sunk to a 22-month low against the dollar after the U.S. Treasury declined to label Beijing a currency manipulator amid a mounting tariff battle. The yuan fell to 6.9411 per dollar at mid-morning on Thursday, the closest it has come to breaking the symbolic level of seven to the … Continue reading BEIJING | China’s yuan sinks further after US currency report