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View Full Version : Yuan Falls After Central Bank Says Interest Rates 'Comfortable' - Bloomberg



NewsWhore
03-24-2011, 09:00 AM
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Yuan Falls After Central Bank Says Interest Rates &#39;Comfortable&#39; (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGSyxxgTUoUcKwOHBTGqGsLBCFd1g&url=http://www.bloomberg.com/news/2011-03-24/yuan-falls-after-central-bank-says-interest-rates-comfortable-.html)
Bloomberg
â??From what Yi said, the stance that the currency will appreciate to tackle inflation is somewhat ruled out,â?? said Patrick Bennett, a Hong Kong-based strategist at Standard Bank Group Ltd. â??The major tools on inflation are the reserve- requirement ratio ...

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