Yuan approaches new record in the year's last day of trade

Note: This section contains information in English only.
Source: China.org.cn

The Yuan added 148 basis points against the USD in today's trade, approaching a new record of 6.3009 versus the US Dollar. Yearly Renminbi's appreciation against the USD achieved 4.86%, reported the China Foreign Exchange Trading System. The Yuan is likely to experience larger fluctuations against the USD in 2012, said Zhao Qingming, researcher from China Construction Bank.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
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.