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View Full Version : Yuan Forwards Signal Appreciation for First Time in Six Months - Bloomberg



NewsWhore
03-24-2009, 12:00 AM
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Yuan Forwards Signal Appreciation for First Time in Six Months (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaRT0E2Re4b.s%26refer%3Dasia&cid=0&ei=6FvISdedN4vqQoiPmOIN&usg=AFQjCNH_7-tQ8LT0e5SpKqZ1pIKDTUoGsw)
Bloomberg
By Belinda Cao March 24 (Bloomberg) -- Non-deliverable forwards contracts for the Chinese yuan indicate for the first time in six months that the currency will strengthen against the dollar in a year, reflecting the greenback’s recent weakness. ...


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