China’s yuan slipped on Wednesday as Sino-U.S. tensions weighed on risk appetite, defying central bank attempts to guide it higher and despite the dollar index holding near a 2-1/2-month low. The People’s Bank of China set the midpoint rate at 6.4255 per dollar prior to…
Yuan slips as Sino-U.S. tensions weighs on appetite
2021-05-19T04:43:01-04:00May 19th, 2021|