Chinese Yuan Off New Multi-month Low Against Euro
14 Septiembre 2009 - 6:23PM
RTTF2
The Chinese Yuan gained ground after hitting a 9-month low of
9.9996 against the European currency during early Asian deals on
Tuesday. At 10:50 pm ET, the yuan reached a high of 9.9791 against
the euro, compared to 9.9884 hit late New York Monday. The next
upside target level for the Chinese currency is seen around
9.856.
The People's Bank of China has set today's central parity rate
for the euro-yuan pair at 9.9964.
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