WSJ:Worries Over Euro Zone, Domestic Economy Hit Yuan
China's yuan hit the lower limit of its daily trading band against the U.S. dollar late Friday, the first time it has done so since Beijing doubled the trading range in April, as unabated worries over the euro zone and China's own economy boosted demand for the U.S. currency.
The breakthrough came after the yuan stayed just a whisker away from the lower end of the trading band in each of the past five trading sessions.
