• 11/29/2024

China’s offshore yuan falls past key 7 per US dollar mark after ‘ugly’ economic data

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The offshore yuan weakened to 7.0089 per US dollar at one point on Wednesday after China’s April industrial output and retail sales growth undershot forecasts.

https://www.scmp.com/economy/economic-indicators/article/3220824/chinas-offshore-yuan-falls-past-key-7-us-dollar-mark-after-ugly-economic-data?utm_source=rss_feed