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View Full Version : Yuan Strengthens Most This Year After Week-Long Holiday on Fed Easing Vow - Bloomberg



NewsWhore
01-30-2012, 12:30 AM
Yuan Strengthens Most This Year After Week-Long Holiday on Fed Easing Vow (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFIQT3dOBpKAK1RISx1f_QwtyvtIA&url=http://www.bloomberg.com/news/2012-01-30/yuan-strengthens-most-this-year-after-week-long-holiday-on-fed-easing-vow.html)
Bloomberg
The yuan strengthened by the most this year as the currency's reference rate was raised after the Federal Reserve vowed to maintain low borrowing costs to boost the world's largest economy. The Dollar Index (DXY) slid 1.7 percent last week as the Fed ...

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