NEW YORK--(BUSINESS WIRE)--China's abrupt two-day yuan devaluation of 3.5% will likely have a mixed impact on US companies, according to Fitch Ratings. While the foreign exchange market has been volatile this year, China's currency change will likely hurt foreign revenue and cash flow generated overseas by multinational issuers while some beneficiaries gain from cheaper imports. Ratings actions as a result of a moderately weaker yuan are unlikely. China's slowing economy along with the recent f
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