China Sets Yuan Fix at Weakest Since ‘08 After Currency Drop
U.S. one-hundred dollar bills sit with a Chinese one-hundred yuan banknotes on a black background in this arranged photograph in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

China Sets Yuan Fix at Weakest Since ‘08 After Currency Drop

(Bloomberg) -- China set its daily yuan reference rate at the weakest level since 2008 after the currency hit a seven-month low in onshore trading Friday amid increasing political tensions with the...
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