Thu, 09 Jan 2014 18:33:06 GMT
Yuan weakens after Fed's minutes are release
The Chinese currency declined on Thursday dropping towards the weakest level in over two years after the Federal Reserve minutes from the last policy meeting revealed that the central bank's policymakers observe economic benefits from its stimulus program. The Yuan slipped 0.06% to 6.0550 a U.S. Dollar, the largest fall since November 1.