China's yuan rises against USD for 9th consecutive day
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The value of yuan gained as the central parity rate of Renminbi, China's currency, was set at 6.6247 per U.S. dollar Wednesday, compared with Tuesday's 6.6252, according to data released by the China Foreign Exchange Trading System.
At present, the yuan is allowed to float on the inter-bank foreign exchange market within a daily limit of 0.5 percent each way of the central parity rate.
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