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China's offshore yuan slides to lowest level since 2011, despite fresh steps to bolster the currency

China’s offshore yuan fell as far as 7.2349 early on Wednesday, the lowest level since such data became available in 2011, despite fresh policy steps to bolster the currency this week. ....

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With China's yuan tipped to slide further against the US dollar, how much will Beijing tolerate?

Analysts expect China’s yuan to fall further against the US dollar, which could accelerate capital outflows without benefiting exports significantly. ....

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