The yuan fell to its lowest level since August due to disappointment in a Chinese stimulus package

The US dollar against the offshore yuan reached its highest level since early August at 7.2225, up 0.4% on Monday, jumping 0.70% on Friday after falling 0.75% the day before.

Highlighting the bleak backdrop in China, data released over the weekend showed that consumer prices rose at the slowest pace in four months in October, while producer price deflation deepened.

Bitcoin rose to a record high above $81,000 on Monday amid expectations that cryptocurrencies will flourish in a favorable regulatory environment following the election of Trump as US president and pro-cryptocurrency candidates in Congress.



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