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View Full Version : Yuan Forwards Drop as PBOC Sets Fixing at 9-Month Low on Outflow - Bloomberg



NewsWhore
08-15-2012, 08:21 AM
Yuan Forwards Drop as PBOC Sets Fixing at 9-Month Low on Outflow (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFI4Hsw9dCauCnVpRELs-yacHTCwQ&url=http://www.bloomberg.com/news/2012-08-15/yuan-forwards-drop-as-pboc-sets-fixing-at-9-month-low-on-outflow.html)
Bloomberg
Yuan forwards declined the most in five weeks as the central bank set the currency's daily fixing at a nine-month low after a report suggested capital flowed out of the country last month. The People's Bank of China lowered the yuan's reference rate by ...

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