May 14, 2007

RMB appreciation process becomes quicker

Chinanews, Beijing, May 11 - On Tuesday, Renminbi's exchange rate against the dollar hit the 7.7 mark to reach a new high since the exchange rate regime. Renminbi value seems to rise at a faster speed than before and this has brought significant changes to China's employment and China's foreign currency exchange system, the Legal Evening News reported.

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