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View Full Version : Yuan Set for Weekly Decline on Europe, China Growth Concerns - Bloomberg



NewsWhore
05-10-2012, 10:50 PM
Yuan Set for Weekly Decline on Europe, China Growth Concerns (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHyMF_R2A8Nhk3u6HkaULWiUW0mMg&url=http://www.bloomberg.com/news/2012-05-11/yuan-set-for-weekly-decline-on-europe-china-growth-concerns.html)
Bloomberg
The currency's one-month implied volatility, a measure of exchange-rate swings used to price options, declined 15 basis points, or 0.15 percentage point, this week to 1.85 percent. The People's Bank of China lowered the currency's reference rate by ...

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