Chinese Yuan hit the lowest level versus the US dollar since November 2023.
The yuan fell to as low as 7.2487 driven by capital outflows in China, disappointing growth and fear that the Federal Reserve rate-cut cycle will be delayed. pic.twitter.com/5p7jx0kQcf
— Global Markets Investor (@GlobalMktObserv) May 29, 2024
Business with China 🇨🇳 📉 pic.twitter.com/gRKYF5mXBz
— Win Smart, CFA (@WinfieldSmart) May 28, 2024