Unlock the Editor’s Digest for free
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
The Chinese renminbi hit an 18-year low on Thursday as the currency became a serious flashpoint in trade tensions between the US and China.
The onshore renminbi, which trades in a band set by China’s authorities that limits daily moves to 2 per cent either way, on Thursday fell to its weakest level since 2007 against the dollar at Rmb7.351 before recovering.
The
Read the full article here
