China's yuan hits new high at 6.65 against USD

The value of yuan, China's currency Renminbi, strengthened for a third consecutive day against U.S. dollar Friday as the central parity rate of the yuan was set at 6.6497 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.

BEIJING, Oct. 15 (Xinhua) -- Friday's central parity rate beat the previous record of 6.6582 on Oct. 14.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in t...   Full Story

China Economy | Oct 15, 2010 PM | Related China Story:Chinese Currency

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