Chinese Currency Slides Against Euro
21 Septiembre 2009 - 6:02PM
RTTF2
The Chinese currency traded down against its European
counterpart during Tuesday's early Asian deals. At 10:50 pm ET, the
yuan touched a low of 10.0518 versus the euro, compared to Monday's
closing value of 10.0257. If the Chinese yuan falls further, 10.07
is seen as the next target level.
The People's Bank of China has set today's central parity rate
for the euro-yuan pair at 10.0416.
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