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View Full Version : Yuan Drops to One-Month Low on Speculation China Will Slow Gains - Bloomberg



NewsWhore
03-04-2012, 09:40 PM
Yuan Drops to One-Month Low on Speculation China Will Slow Gains (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHLhaaw1fTyMs5wAj37Nq0BLturAQ&url=http://www.bloomberg.com/news/2012-03-05/yuan-drops-to-one-month-low-on-speculation-china-will-slow-gains.html)
Bloomberg
The People's Bank of China weakened the currency's daily fixing by the most since November 2010, setting it 0.22 percent lower at 6.3121 per dollar. “There isn't an urge for China to strengthen the yuan as the export outlook remains uncertain,” said ...

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