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View Full Version : Yuan Forwards Decline as Reference Rate Weakened After U.S. Data - Bloomberg



NewsWhore
03-28-2012, 06:22 AM
Yuan Forwards Decline as Reference Rate Weakened After U.S. Data (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFR5EcmxWnuNqwntaCLwNMAvXVIBA&url=http://www.bloomberg.com/news/2012-03-28/yuan-forwards-decline-as-reference-rate-weakened-after-u-s-data.html)
Bloomberg
The currency is allowed to move as much as 0.5 percent on either side of the fixing. In Hong Kong's offshore market, the yuan fell 0.03 percent to 6.3139. One-month implied volatility for the yuan, a measure of exchange-rate swings used to price ...

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