30 June 2016 at 5:35 GMT
The yuan’s worst quarterly performance on record is raising the risk of capital flight. Kyoungwha Kim writes China’s currency has slumped 2.9% since the end of March, the most since the nation unified the official and market rates at the start of 1994, to trade near its lowest level in five years. Losses deepened after the UK’s vote to secede from the European Union led to a jump in the dollar and dented the outlook for Chinese exports.
Read full article at Bloomberg