Monday, December 26, 2011

Yuan hits all-time high


http://www.reuters.com/article/2011/12/26/us-markets-china-yuan-idUSTRE7BP03220111226

The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.

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