The Chinese yuan slipped against the dollar in offshore trade, while stocks in Asia also faltered as the latest update on the spread of the virus provided a grim reminder to investors that the epidemic remains a potent threat to the global economic outlook.
TOKYO: The yen rose from a three-week low against the dollar on Thursday after China's Hubei province, the epicentre of a coronavirus outbreak, reported a sharp jump in the number of new cases in a jolt to markets and sparking a flight for safe-haven assets.
The Chinese yuan slipped against the dollar in offshore trade, while stocks in Asia also faltered as the latest update on the spread of the virus provided a grim reminder to investors that the epidemic remains a potent threat to the global economic outlook.
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