Yuan was under pressure on Thursday as investors remained anxious about the country’s economic outlook amid the uncertainty with the U.S. on trade issues.
The USD/CNY pair was trading at 6.6159 by 12:58AM (04:58 GMT), 0.2% higher than the previous late session close.
The yuan has slid in each of the past six trading days, taking it to the lowest levels since December 2017.
The White House announced on Wednesday that it would not be looking to impose the new 25% new limits on Chinese ownership in U.S. tech-related companies, asreports had suggested earlier in the week. Instead, the government would rely on the newly strengthened Committee on Foreign Investment in the United States, or CFIUS, to deal with concerns.
