Chinese yuan slips again as depreciation pressure remains
BEIJING, Nov. 23 (Xinhua) — The Chinese yuan slipped again on Wednesday after ending its 12-day losing streak Tuesday. The central parity rate of the currency weakened 125 basis points to 6.8904 against the U.S. dollar, according to the China Foreign Exchange Trading System. Analysts attributed the decline to lingering depreciation pressure caused by rising […]
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