Euro hits over 10-year low against yuan
By Jane Feng |
July 24, 2012, Tuesday
|
Print Edition
Print Edition
THE euro yesterday weakened to its lowest level against the yuan in more than 10 years after the yield for the 10-year Spanish government bond surged to a record 7.32 percent last Friday.
The central parity rate was set yesterday morning at 7.6762 yuan per euro, the strongest since May 31, 2002.
The Bank of Spain said yesterday the country's economy contracted 0.4 percent in the second quarter, worse than the first quarter's 0.3 percent. The government said on Friday that the recession would continue next year, instead of ending this year with a modest growth as previously forecast.
The central parity rate was set yesterday morning at 7.6762 yuan per euro, the strongest since May 31, 2002.
The Bank of Spain said yesterday the country's economy contracted 0.4 percent in the second quarter, worse than the first quarter's 0.3 percent. The government said on Friday that the recession would continue next year, instead of ending this year with a modest growth as previously forecast.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
