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China's yuan breaks 6.85-mark to hit new high against U.S. dollar

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Tags: 685mark, against, breaks, chinas, dollar, high, hit, yuan

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07-10-2008, 05:06 AM

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China's yuan breaks 6.85-mark to hit new high against U.S. dollar

China's currency, the yuan, on Thursday broke the 6.85-mark to set a new high against the U.S. dollar since the country unpaged its currency from the greenback in July 2005. The central parity rate of the yuan, or Renminbi (RMB), wa ...

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