AGL 40.75 Increased By ▲ 2.21 (5.73%)
AIRLINK 128.39 Decreased By ▼ -1.11 (-0.86%)
BOP 6.15 Increased By ▲ 0.54 (9.63%)
CNERGY 4.05 Increased By ▲ 0.19 (4.92%)
DCL 8.43 Decreased By ▼ -0.30 (-3.44%)
DFML 40.67 Decreased By ▼ -1.09 (-2.61%)
DGKC 87.50 Decreased By ▼ -0.80 (-0.91%)
FCCL 34.20 Decreased By ▼ -0.80 (-2.29%)
FFBL 66.00 Decreased By ▼ -1.35 (-2%)
FFL 10.50 Decreased By ▼ -0.11 (-1.04%)
HUBC 108.60 Decreased By ▼ -0.16 (-0.15%)
HUMNL 14.55 Decreased By ▼ -0.11 (-0.75%)
KEL 4.64 Decreased By ▼ -0.11 (-2.32%)
KOSM 7.19 Increased By ▲ 0.24 (3.45%)
MLCF 42.55 Increased By ▲ 0.90 (2.16%)
NBP 62.25 Increased By ▲ 2.65 (4.45%)
OGDC 178.99 Decreased By ▼ -4.01 (-2.19%)
PAEL 25.75 Decreased By ▼ -0.50 (-1.9%)
PIBTL 6.04 Increased By ▲ 0.07 (1.17%)
PPL 146.00 Decreased By ▼ -0.70 (-0.48%)
PRL 23.95 Increased By ▲ 0.34 (1.44%)
PTC 16.17 Decreased By ▼ -0.39 (-2.36%)
SEARL 69.50 Increased By ▲ 1.20 (1.76%)
TELE 7.24 Increased By ▲ 0.01 (0.14%)
TOMCL 36.00 Increased By ▲ 0.05 (0.14%)
TPLP 7.82 Decreased By ▼ -0.03 (-0.38%)
TREET 15.42 Increased By ▲ 1.22 (8.59%)
TRG 50.59 Increased By ▲ 0.14 (0.28%)
UNITY 26.90 Increased By ▲ 0.15 (0.56%)
WTL 1.24 Increased By ▲ 0.03 (2.48%)
BR100 9,783 Decreased By -22.3 (-0.23%)
BR30 29,602 Decreased By -75.6 (-0.25%)
KSE100 91,992 Decreased By -312.7 (-0.34%)
KSE30 28,681 Decreased By -159.2 (-0.55%)

SHANGHAI: China’s yuan slipped on Tuesday, retreating from a three-week high against the dollar hit a day earlier, as some investors rushed to book profit amid uncertainty around the US presidential election.

Markets were also anxiously awaiting outcomes of the Federal Reserve rate decision and a meeting of China’s top legislative body this week.

As of 0308 GMT, the yuan was 0.06% lower at 7.1052 to the dollar after hitting a high of 7.0858 per dollar on Monday, which was the strongest level since Oct. 14.

Its offshore counterpart traded at 7.1068 yuan per dollar. Opinion polls show both former President Donald Trump and Vice President Kamala Harris virtually even.

As part of his pitch to boost American manufacturing, Trump has promised voters he will impose tariffs of 60% or more on goods from China.

Comments

200 characters