However, the yuan weakened in the spot market, climbing above 6.37 yuan to the U.S. dollar. Based on the today's fixing, the yuan can fall beyond 6.38 before hitting the 1% limit.
With the euro down sharply today, the yuan is likely trading in overvalued territory once again.
Yuan dives vs dollar after holiday, spot near 7-mo low
Return of Ruble Rubble
-
FEED
No comments:
Post a Comment