Yuan strength­ens for first time af­ter five days of de­cline

China Daily (Canada) - - BUSINESS -

The yuan strength­ened for the first time in six days as some in­vestors judged ex­ces­sive the slide that brought the cur­rency within 0.1 per­cent of its weak­est level since 2012. The yuan gained 0.25 per­cent, the most sinceMay 6, to close at 6.2399 per dol­lar in Shang­hai. It had dropped as much as 0.11 per­cent, China For­eign Ex­change Trade Sys­tem prices show. The cur­rency lost 0.35

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