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Yuan breaches 7.75 against US dollar
(Chinadaily.com.cn)
Updated: 2007-03-01 16:07
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China's yuan rose to 7.7472 against the US dollar March 1, 2007, according to the China Foreign Exchange Trade System. The currency hit another new high since the Renminbi exchange rate reformed.The yen against the dollar dropped from 120.56 to 117.93 yesterday, which helped to boost the appeal of yuan, said an unnamed source. [newsphoto]
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