Yuan strength­ens against dol­lar

China Daily (USA) - - BUSINESS -

The cen­tral par­ity rate of the yuan strength­ened sharply against the US dol­lar on Wed­nes­day as new wor­ries weighed on the green­back. The yuan strength­ened by 172 ba­sis points to 6.7562 against the dol­lar, ac­cord­ing to the China For­eign Ex­change Trade Sys­tem. The dol­lar has slumped against sev­eral ma­jor cur­ren­cies, as a new poll that put Repub­li­can pres­i­den­tial nom­i­nee Don­ald Trump slightly ahead of his Demo­cratic ri­val in the US pres­i­den­tial race in­jected fresh anx­i­ety into global mar­kets.

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