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View Full Version : Yuan Forwards Weaken from Two-Year High After Surprise Interest Rate Rise - Bloomberg



NewsWhore
10-19-2010, 10:10 PM
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Yuan Forwards Weaken from Two-Year High After Surprise Interest Rate Rise (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEXAeSdQfTLH7ga9yS24J_Qk6RvRA&url=http://www.bloomberg.com/news/2010-10-20/yuan-forwards-weaken-from-two-year-high-after-surprise-interest-rate-rise.html)
Bloomberg
The contracts reflect bets the currency will strengthen 3 percent from yesterday&#39;s closing level of 6.6447 in Shanghai. They reached 6.3920 on Oct. 18, ...

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