China's yuan on course for worst month since 1994


SHANGHAI: China's yuan drifted lower on Friday, set for its worst month since the country's currency reform in 1994, due to trade tensions with the United States and a slowdown in the domestic economy.

At the end of domestic trading, onshore spot yuan finished at 7.1452 per dollar as of 0830 GMT, 22 pips weaker than the previous late session close of 7.1430.

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