Chinese Yuan Falls To 5-day Low Against U.S. Dollar
18 September 2023 - 12:01PM
RTTF2
The Chinese yuan weakened against the U.S. dollar in the Asian
session on Monday.
Against the greenback, the yuan fell to a 5-day low of 7.2881
from a recent high of 7.2793. At Friday's close, the yuan was
trading at 7.2744 against the greenback.
If the yuan extends its downtrend, it is likely to find support
around the 7.35 region.
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