Summary | The local currency once hit 7.8294 on Wednesday
midnight, its lowest in eight and a half years.It is now down
0.55 per in the first three trading weeks of the year.Offshore
yuan was also weaker on Tuesday morning, trading at 6.6118,
down 0.07 per cent from Monday.The currency rose 0.07 per cent
last week."When the PBOC and the HKMA intervene in the markets, ...
scmp.com | 03 August 2017