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Yuan at Record High, but Don't Bet on Non-Stop Rise

July 27, 2011

The yuan hit an all-time high versus the dollar for a sixth straight trading day on Wednesday, as the People's Bank of China took advantage of a weak dollar to engineer further appreciation in the Chinese currency.

Source: http://www.cnbc.com/id/43906475?__source=RSS*tag*&par=RSS
 
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