Tue, 26 Nov 2013 11:02:03 GMT
China's Yuan forwards trade close to one-week low
The Chinese currency forwards traded near its lowest level in a one week on rising political tension after the world's largest economy revealed new defensive emergency measures over disputed islands with Japan. 12-month non-deliverable forwards fluctuated at 6.1535 per U.S. Dollar by 10:05 a.m. Hong Kong time following a touch of the lowest level since November 19 at 6.1560 yesterday.