Chinese Yuan Slightly Off 2-day High Against Euro
04 Septembre 2009 - 1:15AM
RTTF2
The Chinese yuan that rose to a 2-day high of 9.7288 against the
euro at 9:20 pm ET Thursday slipped thereafter. At present, the
euro-yuan pair is worth 9.7380 and this may be compared to
yesterday's close of 9.7404. If the Chinese yuan weakens further,
it may likely target the 9.810 level.
The People's Bank of China has set today's central parity rate
for the euro-yuan pair at 9.7379.
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