Chinese Yuan Slips Against The U.S. Dollar To Levels Not Seen Since July

The U.S. Dollar has strengthened against the Chinese Yuan (USD/CNY) Thursday to highs not seen since July. Chinese policy makers typically adjust the Yuan to levels best suited for the Chinese economy and many policy makers in the United States have complained over the year the value of the Yuan. The Yuan was 6.05 roughly at year end 2013 and is now 6.21. The highest level of the year was about 6.26 in April. A depreciation of the Yuan due to slow growth in China is a concern on the clipboard of some analysts.