Offshore yuan extends fall against dollar to weakest levels since December 2017 - ConsultFX

Offshore yuan extends fall against dollar to weakest levels since December 2017

USD/CNH surpasses 6.55 on the day The offshore yuan was already under pressure early in the day before the PBOC decided to fix the onshore rate lower against the dollar . It's the fourth straight fix higher for USD/CNY - or weaker for the yuan - as the PBOC looks to move in tandem with Chinese