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View Full Version : China Swaps Near 10-Week High on Risk of Further Tightening - Bloomberg



NewsWhore
05-17-2011, 04:32 AM
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China Swaps Near 10-Week High on Risk of Further Tightening (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF0Fkn8mLLZlN_mRwZ5E9FfhphCbw&url=http://www.bloomberg.com/news/2011-05-17/china-swaps-near-10-week-high-on-risk-of-further-tightening.html)
Bloomberg
The currency reached 6.4892 on April 29, the strongest level since 1993. It isn&#39;t allowed to move more than 0.5 percent either side of the central bank&#39;s daily fixing, which was set 0.03 percent weaker at 6.5108 today. “It&#39;s a day of consolidation for ...

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