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View Full Version : Yuan Weakens as Greece Rating Cut Fuels Global Growth Concern - Bloomberg



NewsWhore
02-23-2012, 05:30 AM
Yuan Weakens as Greece Rating Cut Fuels Global Growth Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNERAlp4ZSMTx9gilsqqQOi4UWZQJw&url=http://www.bloomberg.com/news/2012-02-23/yuan-weakens-as-greece-rating-cut-fuels-global-growth-concern.html)
Bloomberg
The currency is allowed to trade 0.5 percent either side of the daily fixing. Twelve-month non-deliverable forwards strengthened 0.07 percent to 6.2825 per dollar, according to data compiled by Bloomberg. The contracts were at a 0.3 percent premium to ...

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