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View Full Version : Hong Kong Yuan Conversion Quota May Double in Fourth Quarter - Bloomberg



NewsWhore
10-03-2011, 03:43 AM
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Hong Kong Yuan Conversion Quota May Double in Fourth Quarter (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFUU_OqFy3H-7yafwl3q6wI_OXQFQ&url=http://www.bloomberg.com/news/2011-10-03/hong-kong-yuan-conversion-quota-may-double-in-fourth-quarter-1-.html)
Bloomberg
The quota was exhausted during the July-September period because there were more companies selling yuan to the city&#39;s banks than there were buying the currency, the Hong Kong Monetary Authority said in a separate statement on Sept. 23. ...

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