Yuan falls as PBOC changes fixing

Source: Reuters
© Scanpix/RS
The Chinese currency declined further on Friday and traded near its weakest level in a thirteen-month period against the U.S. Dollar reaching the largest weekly drop after the People's Bank of China set the currency's daily fixing at 6.1475. The Yuan traded at 6.2275 a U.S. Dollar earlier on the session after reaching 6.2334, the lowest since February 2013.

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