| Yuan on the up |
| Wednesday,July 23,2008 Posted: 10:50 BJT(0250 GMT) |
| From:china daily Article type:Reproduced |
The central bank set the yuan's mid-point against the US dollar at 6.8 on Wednesday. The Chinese currency hit a new post-revaluation high for the fifth straight day. The yuan has risen about 7 percent this year, more than the margin for the whole of last year, while the weakened US economy has held back the greenback. |
| (Source: English Site of Myanmar) |
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