Traders Predict China Yuan Gains

August 4, 2005

China’s yuan eased on Friday, retracing after a week of gains, but traders stuck to predictions that the currency would strengthen over coming weeks.

The currency closed at 8.1037 per dollar, versus a close of 8.1027 per dollar on Thursday, just shy of a record of 8.1025 since Beijing revalued the currency by 2.1% on July 21.

*For more on this story,

read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

South Korean Bank Opens in Buena Park

Cherokee’s Slump Continues

staff-author

Traders Predict China Yuan Gains

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

On the Move: Messner Reeves Welcomes Joshua Anderson as a Partner

On the Move: Messner Reeves Welcomes Jose G. Cabada as a Partner

On the Move: Sukut Construction Appoints Eddie Juarez as President

Related Articles

On the Move: Messner Reeves Welcomes Joshua Anderson as a Partner

On the Move: Messner Reeves Welcomes Jose G. Cabada as a Partner

On the Move: Sukut Construction Appoints Eddie Juarez as President

MS & MBA Guide 2026

PHOTOS: More About Almond Surfboards

Advertise With Us

About Us

Subscriber Links

Other Journals