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Bloomberg

Yuan Appreciation Unlikely to Accelerate This Year, S&P Says

February 08, 2012, 4:02 AM EST

By Shamim Adam

Feb. 8 (Bloomberg) -- The yuan’s appreciation is unlikely to accelerate this year amid a global slowdown, Kim Eng Tan, senior director for sovereign-debt ratings at Standard & Poor’s in Singapore, said in a conference call today.

To contact the reporter on this story: Shamim Adam in Singapore at sadam2@bloomberg.net

To contact the editor responsible for this story: Rina Chandran at rchandran12@bloomberg.net

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