Sub Banner Image

China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks

Markets

Iris Ouyang, Wenjin Lv, Betty Hou

·

January 3, 2025

·

Bloomberg

The onshore yuan weakened past a level that China had been defending throughout December, opening up room for the managed currency to drop further amid a sluggish economy.

More from

Bloomberg

More

Markets

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.