Home Page : Archive News : October 2011 News : China Yuan Drops Sharply in Hong Kong on Corporate Selling

China Yuan Drops Sharply in Hong Kong on Corporate Selling

October 12, 2011

The Chinese currency weakened sharply in the offshore market on Wednesday as companies continued to unwind their long yuan positions even as interbank liquidity showed marked signs of deterioration.  

Source: http://www.cnbc.com/id/44869365?__source=RSS*tag*&par=RSS
 
Related Updates