Chinese Yuan Falls To 2-week Low Against U.S. Dollar
February 17 2015 - 11:19PM
RTTF2
The Chinese yuan weakened against the U.S. dollar in the Asian
session on Wednesday.
Against the greenback, the yuan fell to a 2-week low of 6.2572.
AT yesterday's close, the yuan was trading at 6.2550 against the
greenback.
If the yuan extends its downtrend, it is likely to find support
around the 6.27 area.
China markets are closed Lunar New Year holiday.
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