The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6.93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China....The post Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin? appeared first on NewsBTC.
