tag China downgrade

Dollar firm after bounce from lows, yuan slips on China downgrade

EghtesadOnline: The dollar held firm on Wednesday, having rebounded from 6-1/2-month lows against its major peers helped by a rise in U.S. Treasury yields, while the yuan eased after Moody's cut its sovereign rating on China due to concerns over the country's soaring debt.
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Publish Date:24/May/2017 | 05:12