Yuan falls as central bank cuts reference rate

Note: This section contains information in English only.
Source: Bloomberg
China's currency declined from the highest level in 19 years as the nation's central bank cut the reference rate 0.09%, the most since September 18 and concern increased that the world's economy fill face a setback. The Yuan lost 0.04% to 6.2162 per U.S. Dollar, having climbed 0.23% this month and touched 6.2124 on January 14, the highest level since the end of 1993.

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