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Sept. 13 - The value of China's currency, the yuan or RMB, refreshed its record high for a second time in a week on Thursday against the U.S. dollar, with the central parity1 rate of the yuan at 7.5169 yuan to one U.S. dollar, according to Xinhua News Agency.
It gained 94 basis points from Wednesday's reference rate of 7.5263 to the greenback, according to the Chinese Foreign Exchange Trading System. It's the 59th time since the beginning of this year that RMB hit a new high against the U.S. dollar. The previous record came on Monday, when the currency stood at 7.5252 yuan to the dollar.
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