Yuan slips to 6-month low, outlook bearish amid trade friction between US and China

June 27, 2018 1:53 PM

SHANGHAI (REUTERS) – China’s yuan weakened beyond a psychologically key 6.6 per dollar level for the first time in six months on Wednesday (June 27), and though it recouped some of the losses by midday bets are growing for further downside amid an escalating Sino-US trade row.

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