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Chinese Yuan Hits New High, US Pressure Stays Strong | |
September 29, 2010 The yuan hit 6.6855 versus the dollar in early trade on Wednesday, its highest level since the Chinese currency's July 2005 revaluation after China's central bank set a a record high mid-point amid lingering pressure from Washington on Beijing to let the yuan appreciate. Source: http://www.cnbc.com/id/39410879?__source=RSS*tag*&par=RSS |