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Yuan Breaks Past 6.50/Dollar, Further Gains Seen

April 29, 2011

China's yuan breezed past 6.50 per dollar on Friday, surpassing the psychologically important level for the first time and raising expectations that Beijing will continue to let the currency strengthen quickly to battle stubbornly high inflation.  

Source: http://www.cnbc.com/id/42812223?__source=RSS*tag*&par=RSS
 
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