Fri, 08 Aug 2014 15:15:11 GMT
Yuan ready for biggest weekly increase since June
China's
Yuan is facing the biggest weekly rise since June, after the overseas
sales overshoot the expectations and promoted the record trade
surplus. The exports grew 14.5% from the previous year in July.
Imports by-turn dropped 1.6% to create the trade surplus of $47.3
billion. The Yuan appreciated 0.38% this week to trade at 6.1565 per dollar,
whereas today the currency added 0.09%.