The renminbi has dropped to its lowest level against the dollar in five and a half years, becoming the latest currency to be hit by Brexit.
At one stage, a dollar was worth as much as Rmb6.6947, a level not touched since November 2010. The renminbi has fallen for five consecutive trading sessions against the greenback and, since the start of April, has lost 3.6 per cent.
On a trade-weighted basis, the renminbi has also been falling. The basket that measures the currency against its main trading partners is down 2.2 per cent during June.
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