Chinese Yuan Pulls Back Against Euro
23 Septiembre 2009 - 6:34PM
RTTF2
The Chinese yuan pulled back against its European counterpart
after rising to a 2-day high of 10.0468 during Thursday's early
Asian trading. The yuan is now trading at 10.05 against the common
currency, with 10.12 seen as the next downside target level. At
yesterday's New York session close, the pair was quoted at
10.0612.
The People's Bank of China has set today's central parity rate
for the euro-yuan pair at 10.0662.
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