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View Full Version : China's Yuan May Strengthen to 5 Per Dollar in About Five Years, CLSA Says - Bloomber



NewsWhore
08-11-2010, 03:53 AM
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China&#39;s Yuan May Strengthen to 5 Per Dollar in About Five Years, CLSA Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHkmunT1Idrh0IJ_vOfqm6gZzzI4g&url=http://www.bloomberg.com/news/2010-08-11/china-s-yuan-may-strengthen-to-5-per-dollar-in-about-five-years-clsa-says.html)
Bloomberg
Twelve-month non-deliverable forwards s;lid 0.1 percent to 6.671, signaling bets the currency will strengthen 1.5 percent from the spot rate in a year. ...

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