Yuan traded offshore snaps a slide of seven days

Source: Bloomberg
© Scanpix/Reuters

Offshore Yuan ended a slide in the last seven trading sessions as Chinese authorities stated that Yuan's drop is within the normal range. China's currency added 0.24%, the biggest advance since May 8, to 6.1118 per greenback at 4:47 p.m. in Hong Kong after it had lost 1.5% in the last seven days. In Shanghai Chinese Yuan gained 0.03% to 6.1248, picking up from the seven-month lowest level of 6.1351.

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