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US$ near 9-month high, offshore yuan hits low

Published Tue, Oct 25, 2016 · 09:50 PM

London

THE US dollar trod water on Tuesday but stayed close to a nine-month high, as solid US manufacturing activity and comments from a Federal Reserve official heightened expectations of a rise in interest rates by year-end.

China's yuan hit its lowest against the dollar since offshore trading was introduced in 2010. The dollar has gained almost 4…

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