HONG KONG: China’s yuan spent less than two days on the strong side of 7 as optimism over trade talks faded.
The onshore yuan weakened the most in five weeks Thursday, sliding to as low as 7.02 a dollar and ending a seven-session rally that was its best run since January. The move came after news that U.S. and China may not be able to sign a partial deal until December, later than previously expected.
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