Economy China to use 'counter-cyclical' measures to curb forex volatility, says official Updated : July 19, 2018 01:58 PM IST The official expressed confidence Beijing can cope with any challenge, given its "ample" reserves. The yuan was trading at 6.7375 per dollar, down about 0.25 percent from the late close on Wednesday. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.