Big fluctuations of yuan unlikely

Exchange rate expected to move at a 'reasonable level' vs US dollar

The exchange rate of the yuan weakened to a five-month low against the US dollar on Friday, but analysts said they did not expect Chinese authorities to use depreciation of the Chinese currency as a way to help it gain amid trade tensions with the United States.

They also said there would not likely be any drastic fluctuations of the yuan, based on the country's economic resilience.