Market News
China's yuan slides to 4-month low on tariff threats and mixed PMI data - REUTERS
SHANGHAI, Dec 2 (Reuters) - The yuan fell to a four-month low on Monday, as tariff threats and mixed purchasing managers' index (PMI) data raised concern China's economy might need additional policy support.
The onshore yuan dropped to a low of 7.2675 per dollar, its weakest since July 24, despite a private manufacturing survey on Monday showing China's factory activity expanded at the fastest pace in five months in November.
