Business
Money
China's yuan sets new high against dollar
Updated: 2011-03-31 10:30
(Xinhua)
BEIJING - The Chinese currency, or the yuan, on Thursday gained 22 basis points from Wednesday to a record high of 6.5564 per US dollar.
The central parity rate of the RMB against the US dollar is based on a weighted average of prices before the opening of the market each business day.
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