Dollar falls below seven-month high

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# 11:09
13 October 2016

Baku. Yegane Lachinzade- APA-Economics. Exchange rate of USD against JPY strengthened due to decline of export from China in CNY.

 

Exchange rate of USD against JPY has fallen 1% from 104.635 JPY to 103.555 JPY. Currently, 1 USD makes up 103.81 JPY.  

 

In September, export from China in CNY dropped 5.6%. CNY has gone up after publication of this information. Interestingly enough, the export from China in USD declined 10%, which is worse indicator than analysts’ forecasts.

 

Despite China increased the import in August, it declined 1.9% in September.

 

EUR went up 0.1% to 1.1016 USD.

 

GBP dropped 0.1% to 1.2188 USD.

 

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