Chinese Yuan Falls To 4-day Low Against U.S. Dollar
August 06 2023 - 10:48PM
RTTF2
The Chinese yuan weakened against the U.S. dollar in the late
Asian session on Monday.
Against the greenback, the yuan fell to a 4-day low of 7.1944
from an early 1-week high of 7.1411. At Friday's close, the yuan
was trading at 7.1706 against the greenback.
If the yuan extends its downtrend, it is likely to find support
around the 7.30 area.
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