TOKYO -- Emerging-market currencies are falling as risk-averse investors pull money out of countries at risk of collateral damage from the U.S.-China trade war.
The yuan fell to 6.72 against the dollar at one point on Thursday, nearing the 11-month low it reached on July 3. China "may be tolerating currency weakness" to sustain exports against a barrage of U.S. tariffs, said Shuji Shirota of HSBC Securities in Japan
