China lets yuan slide through key 7 level for first time in decade as trade war worsens – Reuters

China let the yuan breach the key 7-per-dollar level on Monday for the first time in more than a decade, in a sign Beijing might be willing to tolerate more currency weakness that could further inflame a trade conflict with the United States.
— Read on www.reuters.com/article/us-china-markets/china-lets-yuan-slide-through-key-7-level-for-first-time-in-decade-as-trade-war-worsens-idUSKCN1UV061