Onshore Yuan Sees Elevated Volatility amid Domestic Liquidity Dilemma

The onshore Yuan (CNY) dropped to the weakest level against the U.S. Dollar since June 2008 following Fed’s rate hike decision on Wednesday and continued to refresh the 8-year low point over the next two days


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2016/12/17/Onshore-Yuan-Sees-Elevated-Volatility-amid-Domestic-Liquidity-DilemmatofRM.html?DFXfeeds=forex:fundamental:article:special_report