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••• China's tightly controlled currency reached a seven-month low against the U.S. dollar. Although a weaker yuan can help stimulate exports and bring inflation to the economy, it risks undermining President Xi Jinping's ambitions to make it a global currency. $CHINA50 $ASHR $HKG50 $USDCNH $MCHI s.nikkei.com/3zd0e14
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