China's yuan hit a one-week low against the U.S. dollar due to investor worries over escalating Middle East conflict. The onshore yuan fell to its weakest level since June 11 before stabilizing. Analysts believe a weaker yuan could boost Chinese exports amid uncertain trade prospects with the U.S.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14827409/Chinas-yuan-hits-one-week-low-worries-Middle-East-conflict.html
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