May 24, 2017 / 12:42 AM / 2 months ago

Aussie dollar, offshore yuan dip after Moody's downgrades China

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TOKYO, May 24 (Reuters) - The Australian dollar and the offshore Chinese yuan dipped on Wednesday after Moody's downgraded China's sovereign debt rating to single A from AA3.

The Aussie fell as much as 0.3 percent to $0.7455 while the yuan slipped to 6.8901 per U.S. dollar, 0.1 percent below late U.S. levels.

Reporting by Hideyuki Sano; Editing by Lincoln Feast

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