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USD Value and exchange rate of key currency on July 4

China Agriculture Report By CnAgri2012-07-09 18:28:49China Agriculture Report Print
Keywords:USD exchange rate


On 4th July, USD comprehensive index declined compared with last week. USD depreciated against other currency. The depreciation of USD moved up global commodity price, both oil and grain price rose.

RMB weekly exchange rate depreciated against other currencies except for Euro. Influenced by prediction of production increase, domestic grain futures price rose; domestic grain spot price continuously rose due to inflation pressure.


From "China Grains Market Weekly Report"

 

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