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View Full Version : Yuan Drops as PBOC Sets Weaker Fixing After China's FDI Declines - Bloomberg



NewsWhore
04-18-2012, 12:40 AM
Yuan Drops as PBOC Sets Weaker Fixing After China's FDI Declines (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGUapf0O1f8lhVdHow-eXCf5U0VTg&url=http://www.bloomberg.com/news/2012-04-18/yuan-drops-as-pboc-sets-weaker-fixing-after-china-s-fdi-declines.html)
Bloomberg
The yuan declined after the central bank set a weaker reference rate for the currency following data yesterday showing foreign-direct investment contracted for a fifth month. Investment fell 6.1 percent in March from a year earlier to $11.8 billion, ...

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