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View Full Version : Yuan Forwards Set for Second Weekly Decline on Recovery Concern - Bloomberg



NewsWhore
08-26-2011, 05:41 AM
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Yuan Forwards Set for Second Weekly Decline on Recovery Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHmlG6f0-g5rTCxMDNB5p3xMfMg-w&url=http://www.bloomberg.com/news/2011-08-26/yuan-forwards-set-for-second-weekly-decline-on-recovery-concern.html)
Bloomberg
The Chinese currency is not ready for rapid appreciation because of the “immaturity” of Asia&#39;s largest economy, Nobel laureate Myron Scholes said in an interview, according to a report published late yesterday by the official Xinhua News Agency. ...

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