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View Full Version : Yuan Slips as Reference Rate Lower for First Time in Seven Days - Bloomberg



NewsWhore
07-06-2011, 03:40 AM
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Yuan Slips as Reference Rate Lower for First Time in Seven Days (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFuWY94b_mY-jSoe-PTuGnwofIBTg&url=http://www.bloomberg.com/news/2011-07-06/yuan-slips-as-reference-rate-lower-for-first-time-in-seven-days.html)
Bloomberg
The currency isn&#39;t allowed to trade more than 0.5 percent on either side of the fixing. The yuan is still trading near a 17-year high after the central bank warned this week that China still faces “large” inflationary pressures. ...

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