Live news: China’s renminbi falls to seven-month low against dollar – Financial Times

From Financial Times: 2024-06-20 01:08:21

China’s renminbi currency has fallen to a seven-month low against the dollar, trading at a rate of 6.84 per dollar. This drop comes amid growing concerns over the Chinese economy’s growth prospects and ongoing trade tensions with the United States. The weakening of the renminbi is seen as a reflection of these uncertainties.



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