Yuan little changed in key NDFs

Posted by 7Star Thursday, March 4, 2010

The yuan was little changed against the dollar on Wednesday in benchmark offshore one-year non-deliverable forwards (NDFs) after the US dollar fell slightly against a basket of six major currencies. Offshore benchmark dollar/yuan one-year NDFs were bid at 6.6515 late on Wednesday, up slightly from Tuesday's close of 6.6480.

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