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View Full Version : Yuan Forwards Decline a Second Day as Global Stocks Plunge After US Data - Bloomberg



NewsWhore
06-29-2010, 09:40 PM
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Yuan Forwards Decline a Second Day as Global Stocks Plunge After US Data (http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.bloomberg.com%2Fnews%2F2010-06-30%2Fyuan-forwards-decline-a-second-day-as-global-stocks-plunge-after-u-s-data.html&usg=AFQjCNGaZz3lUaH8Bsmrg8BrJ5ZfaFaroQ)
Bloomberg
The contracts reflected bets the currency will strengthen 1.4 percent from yesterday&#39;s closing spot rate of 6.7977. The one- month NDF was 6.8005. ...

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