[Xinhua] Yuan may stumble, but will not fall

The spot rate fell about three percent to its lowest level since October 2012 when the central bank reformed the exchange rate formation system on Tuesday. The central parity rate fell 1.6 percent, to 6.3306 against the U.S. dollar on Wednesday.
http://news.xinhuanet.com/english/2015-08/12/c_134509276.htm