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Yuan rises past key level versus dollar

By Fion Li and Judy Chen | China Daily | Updated: 2011-05-03 07:53

Yuan rises past key level versus dollar

Traders sell fruits at a wholesale market in Xi'an, Shaanxi province. Consumer prices in Asia's biggest economy rose 5.4 percent from a year earlier in March, exceeding the government's 4 percent goal for this year. Nelson Ching / Bloomberg

The gain may dampen US criticism of the nation's exchange-rate policy

Yuan rises past key level versus dollar

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