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China's yuan rises to new high Wednesday

Updated: 2011-02-09 10:28

(Xinhua)

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BEIJING - The Chinese currency, or the yuan, rose 10 basis points from previous trading day to a fresh high of 6.585 against the US dollar Wednesday, according to the China Foreign Exchange Trading System.

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The central parity rate of RMB, or the yuan, was 10 basis points stronger than the previous record of 6.586 set on February 1, 2011.

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