U.S. House Speaker Nancy Pelosi's Taiwan trip is another knock to China's yuan. In this photo, Taiwan's Foreign Minister Joseph Wu, left, speaks with Pelosi, center, as she prepares to leave in Taipei, Taiwan, on August 3.
Mandatory Credit: AP
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Pelosi's Taiwan trip is another knock to China's yuan
China's yuan has fared better than many other major currencies this year. It's shed 6.5% against the US dollar, holding its ground as the greenback has gone on a breakneck rally. The euro, the British pound and South Korea's won have all dropped more than 10%, while Japan's yen has plunged nearly 16%.
