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Yuan hits new high
(Reuters)
Updated: 2006-04-05 13:57
China's yuan hit a new post-revaluation high against the dollar on Wednesday,
with dealers attributing the rise to politics and market forces.
The yuan rose to 8.0100 against dollar late in the morning, after the central
bank set its mid-point exchange rate for the day at a strong 8.0116 -- its
highest since the currency was de-linked from the U.S. dollar in
July.
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