Markets

Yuan ends weaker, eyes on global dollar performance

Published January 21, 2013 Updated January 21, 2013 09:40am

 

Spot yuan closed at 6.2213, weakening slightly from Friday's close of 6.2154, with traders saying banks and their clients were largely comfortable with the current level of the dollar/yuan rate.

 

Volumes were average, dropping slightly to $14.98 billion from Friday's $15.61 billion.

 

Traders have said that intra-day customers are focused on international developments impacting the dollar index in the absence of domestic market-moving factors.

Copyright Reuters, 2013