Asia FX Battered by Fed Jitters, Offshore Yuan Hits Record Low

By Ambar Warrick Investing.com– China’s offshore yuan hit a new low on Thursday, while most other Asian currencies slipped as fears of more hawkish moves by the Federal Reserve spurred an overnight bounce in the dollar and Treasury yields. The , the variant of the currency that circulates outside China, fell as much as 0.2% …

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