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View Full Version : Yuan Trades Near 12-Week Low as US Data Boosts Dollar Demand - Bloomberg



NewsWhore
03-15-2012, 05:00 AM
Yuan Trades Near 12-Week Low as US Data Boosts Dollar Demand (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEl3ny0SNF9oZygqjwkaiY1Gv8bfg&url=http://www.bloomberg.com/news/2012-03-15/yuan-trades-near-12-week-low-as-u-s-data-boosts-dollar-demand.html)
Bloomberg
The currency has dropped 0.3 percent since official data on March 9 showed inflation slowed to a 20-month low. Premier Wen Jiabao said in Beijing yesterday the yuan may be near equilibrium and policy makers will allow greater movement in the exchange ...

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