Chinese Yuan Hits Near 2-Year Low as Recession Fears, Fed Risks Weigh
By Ambar Warrick Investing.com-- China’s yuan sank to a near two-year low to the dollar on Friday, as concerns over slowing growth in the country and hawkish comments from the Federal Reserve weighed on Asian currencies. The yuan fell as much as 0.4% to 6.8144 to the dollar, its weakest level si...