China's yuan sets new high against dollar

Updated: 2011-03-31 10:30


Twitter Facebook Myspace Yahoo! Linkedin Mixx

BEIJING - The Chinese currency, or the yuan, on Thursday gained 22 basis points from Wednesday to a record high of 6.5564 per US dollar.

Related readings:
China's yuan sets new high against dollar China's yuan advances against USD Wednesday
China's yuan sets new high against dollar China to further reform exchange rate, interests rate
China's yuan sets new high against dollar China sees sharp rise in foreign exchange purchase
China's yuan sets new high against dollar Yuan reform pace remains 'unchanged'

On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.

The central parity rate of the RMB against the US dollar is based on a weighted average of prices before the opening of the market each business day.


Green mission

Tony blair believes China will take a leading role to fight climate change and cut emissions.

The spring of new professions
Real modern times
F1 sponsors expect returns from Shanghai stop

European Edition


Share your China stories!

Foreign readers are invited to share your China stories.

Have you any wool?

The new stars of Chinese animation are edging out old childhood icons like Mickey Mouse and Hello Kitty.

Fill dad's shoes

Daughter and son are beginning to take over the family business of making shoes.

Beloved polar bear died
Panic buying of salt
'Super moon'