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Yuan at new peak against dollar

By Judy Chen | China Daily | Updated: 2010-09-15 07:51

Yuan at new peak against dollar

An employee counts US dollars at Industrial and Commercial Bank of China Ltd's Huaibei branch in Anhui province. Wu He / For CHina Daily

SHANGHAI - The yuan surged to the strongest level since 1993 on speculation the government will allow faster appreciation to head off US trade sanctions as China's economy improves.

Yuan at new peak against dollar

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