China's yuan slipped on Friday, dampened by dollar strength and a sharply weaker daily fixing which was seen to be largely in line with market expectations for a weaker Chinese currency. Spot yuan opened at 6.5157 per dollar and was changing hands at 6.5206 by midday, 0.1 percent weaker than Thursday's close. If it closes at the midday level on Friday, the Chinese currency will have eased 0.47 percent for the week. The offshore yuan was trading 0.39 percent weaker than the onshore spot at 6.5458 per dollar.
The onshore yuan weakened 0.2 percent against the euro by midday at 7.4164. It firmed 0.2 percent against the Japanese yen, hovering around 5.99 to 100 yen.
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