By: Benzinga
Chinese Yuan Rises to New Record High Against the U.S. Dollar
The Chinese yuan, also known as the Renminbi, rose to a record high against the U.S. dollar on Monday. The move came after news that China's exports beat market expectations, inspiring the People's Bank of China (PBOC) to set the yuan at a fresh record high level. Yuan Daily Midpoint On Monday, the PBOC
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