- Reuters•11 days ago
The yuan's sharp decline to 5-1/2 year lows has aggravated investors already rattled by slow global growth and potential fallout from Britain's decision to leave the European Union. Many market watchers expect the central bank will allow the yuan to weaken even further in coming months if the economy continues to struggle, though some believe it may allow a more gradual decline after a sharp 3 percent fall so far this year. The yuan slipped below 6.7 per dollar for the first time since late 2010 on Monday after state-bank support tapered off, but on Tuesday they appeared more persistent.
|52wk Range||2.83 - 4.31|
|Day's Range||3.18 - 3.22|
|Avg Vol (3m)||265,874,226|
As of 4:08 AM EDT. Market closed.