China's Yuan falls most on trading band speculation

Source: Bloomberg
© Scanpix/Reuters
The Chinese Yuan fell by the most on speculation that nation's central bank will double currency's trading band. The Yuan slipped 0.86% reaching the lowest level in ten months at 6.1808 per U.S. dollar in Shanghai, making it the biggest daily fall in China since 2007. It is expected that China's central bank will double Yuan's trading band at the end of June.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.