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View Full Version : Yuan Set for Weekly Decline as Europe Debt Crisis Concerns Build - Bloomberg



NewsWhore
04-19-2012, 11:50 PM
Yuan Set for Weekly Decline as Europe Debt Crisis Concerns Build (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG5BHzo-K0sX8uQhpVua4HLT0a-Cw&url=http://www.bloomberg.com/news/2012-04-20/yuan-set-for-weekly-decline-as-europe-debt-crisis-concerns-build.html)
Bloomberg
The Chinese currency weakened for a third day after Spain auctioned 10-year debt to yield 5.74 percent yesterday, compared with 5.40 percent at the last sale on Jan. 19. The People's Bank of China lowered the yuan's fixing by 0.26 percent this week, ...

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