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China’s currency falls to the lowest level against the dollar since January as the nation’s foreign exchange reserves fall

he Hong Kong-traded offshore yuan dropped to 6.7178 against the U.S. dollar, while China's foreign exchange reserves fell by $18.79 billion in September, far more than the $11 billion expectation of economists surveyed by the Wall Street Journal.
1 year ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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