China Yuan Down Late For Fifth Straight Session; Further Losses Limited - Wall Street Journal

SEPTEMBER 7, 2011, 5:56 A.M. ET

SHANGHAI (Dow Jones)--China's yuan fell against the U.S. dollar for a fifth straight session late Wednesday after the central bank set a higher dollar/yuan reference exchange rate on the back of a stronger dollar.

On the over-the-counter market, the dollar was at CNY6.3940 around 0830 GMT, up from CNY6.3908 late Tuesday. It traded between CNY6.3908 and CNY6.3973.

The People's Bank ...

SHANGHAI (Dow Jones)--China's yuan fell against the U.S. dollar for a fifth straight session late Wednesday after the central bank set a higher dollar/yuan reference exchange rate on the back of a stronger dollar.

On the over-the-counter market, the dollar was at CNY6.3940 around 0830 GMT, up from CNY6.3908 late Tuesday. It traded between CNY6.3908 and CNY6.3973.

The People's Bank ...

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