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Offshore yuan falls more than 0.5 pct after U.S. announces new tariffs
Published at 11/07/2018 at 00:56

TOKYO, July 11 (Reuters) - The offshore yuan fell more than 0.5 percent in early trade on Wednesday after Washington announced a plan to slap tariffs on $200 billion of imports from China, escalating tensions between the world's two biggest economies.

The yuan fell as low as 6.6895 per dollar , down more than 0.5 percent from late U.S. levels and edging near its 11-month low of 6.7344 touched on July 3.

(Reporting by Hideyuki Sano; editing by Richard Pullin)

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