Chinese Yuan Slides To 1-year Low Against Euro
16 Septiembre 2009 - 6:49PM
RTTF2
In early trading on Wednesday, the Chinese yuan slid to its
lowest level since September 25, 2008 against the euro. The yuan
touched 10.0568 versus the euro, with 10.12 seen as the next
downside target level. At Wednesday's New York session close, the
pair was quoted at 10.0503.
The People's Bank of China has set today's central parity rate
for the euro-yuan pair at 10.042.
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