Trade tensions send yuan lower against the dollar
By William Clarke
Published: Friday, 24 May 2019
The latest round of trade talks between the United States and China have failed, pushing the yuan to its lowest level this year.
The Chinese currency is brushing six-month
lows against the dollar after trade relations with the US grew
frostier.
The yuan hit a low of 6.92 to $1 on May 23, down by over 8%
year on year, but has since stabilized at around 6.90 to $1 on
May 24....