The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

China cuts yuan against US dollar by 1.62%: Xinhua

Published Wed, Aug 12, 2015 · 02:23 AM
Share this article.

[SHANGHAI] China cut the value of the yuan against the dollar by 1.62 per cent on Wednesday, the official Xinhua news agency said, the second reduction in two days.

The daily fix that sets the value of the Chinese currency against the greenback was lowered to 6.3306 yuan, from 6.2298 on Tuesday, Xinhua quoted national foreign exchange market data as showing.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here