Yuan strengthens to all-time high against U.S. dollar

05/2/2013 | Xinhuanet.com (China) · RT.com (Russia)

China's yuan rose to a record-high exchange rate of 6.2082 to the U.S. dollar, according to the China Foreign Exchange Trading System. The development comes as the yuan's role in international trade is rapidly increasing. By 2015, the yuan will be one of the three most important global currencies, according to a forecast by HSBC Holdings.

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Xinhuanet.com (China) · RT.com (Russia)

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