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BIZCHINA> Money Market
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Yuan breaks 7.45 mark against greenback
(Xinhua)
Updated: 2007-11-08 06:56
The yuan broke the 7.46 mark at 7.4552 yuan against one US dollar only last Thursday. This was the 68th new high the yuan has hit since the beginning of this year, up more than four percent accumulatively. The accumulative appreciation since July 21, 2005, when China discontinued yuan's peg to the greenback, has exceeded 8.3 percent. (For more biz stories, please visit Industries)
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