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View Full Version : Asian Currencies Strengthen as Global Stocks Rally Encourages Risk-Taking - Bloomberg



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08-16-2011, 12:00 AM
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Asian Currencies Strengthen as Global Stocks Rally Encourages Risk-Taking (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGxujDZW9vOkQL_bePRH2sATvgn2Q&url=http://www.bloomberg.com/news/2011-08-16/asian-currencies-strengthen-as-global-stocks-rally-encourages-risk-taking.html)
Bloomberg
The yuan climbed to a 17-year high after the People&#39;s Bank of China raised its reference rate for the currency and a China Securities Journal front-page editorial said conditions are ripe for the currency&#39;s trading band to be widened. ...

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