Index Thursday, when the dollar was 6,5646 yuan is the lowest level since August 2015, when Beijing loosened its currency to the U.S. dollar.
BEIJING, 7 Jan. Zhanna Manukyan. China on Thursday downgraded 0.51% the value of the Renminbi to the dollar, which was the lowest level since August, data shows China Foreing Exchange Trade System.
On Thursday, the dollar was 6,5646 yuan — the lowest since August 2015, when the Bank of China has sharply weakened its currency to the U.S. dollar.
