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Record growth of the Chinese yuan to U.S. dollar |
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Friday, 29 April 2011 06:25 |
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Today, as a result of trading on the foreign exchange market of China, the Chinese yuan
rose to a record 6.499 yuan per U.S. dollar, the increase was 61 basis points, compared with the
the previous trading day. USA has put pressure on China, demanding the revaluation of the yuan, but China insists
on a gradual reform of the RMB exchange rate and will not allow pressure from the USA.
More information about China can be viewed on our forum:
http://hainanwel.com/forum/viewforum.php?f=56
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