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View Full Version : Yuan Trades Near Seven-Week High on China, US Stimulus Bets - Bloomberg



NewsWhore
08-22-2012, 11:40 PM
Yuan Trades Near Seven-Week High on China, US Stimulus Bets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGzgb3Ue7ql4E7-Z-XAXV-sHeTa1Q&url=http://www.bloomberg.com/news/2012-08-23/yuan-trades-near-seven-week-high-on-china-u-s-stimulus-bets.html)
Bloomberg
The currency is allowed to trade as much as 1 percent on either side of the fixing. In Hong Kong, the ... Twelve-month non-deliverable forwards rose 0.06 percent to 6.4415, a 1.4 percent discount to the onshore spot rate, data compiled by Bloomberg show.

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