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BYD, Geely Are Hit by Bigger Forex Losses as Chinese Yuan Gains

20+ hour, 10+ min ago  (487+ words) (Yicai) April 30 -- Chinese automakers, including BYD and Geely Automobile Holdings, reported much larger foreign exchange losses in the first quarter, as rising overseas sales and exports left them more exposed to a stronger yuan. The yuan's spot exchange rate climbed…...