Yuan, the highest in history against the dollar

The yuan hit 6.4120 today RMB / USD, the highest since China unified trading market in late 1993.

Yuan, the highest increase in 17 years after the U.S. Federal Reserve to keep interest rates high at record low levels and forecasting China's central bank will allow price increases to curb inflation.

According to foreign exchange trading system of China, at 10:30 this morning in Shanghai, the yuan rose 0.21% to 6.4170 RMB / USD.

The yuan has hit $ 6.4120 yuan / USD earlier, the highest since China unified trading market in late 1993.

China's central bank applied the official exchange rate higher than 0.26% at 6.4167 yuan / USD, the largest increase since November. Trading margin was 0.5% yuan.

According to Bloomberg, at the Hong Kong market, yuan rose 0.27% to 6.4175 RMB / USD.

Consumer price index in China rose 6.5% in July, the fastest growth rate three years, the China National Statistics said yesterday.