Fri, 18 Oct 2013 14:46:07 GMT
Yuan rises for a fourth day on US budget deal
Chinese currency increased for a fourth straight day, the highest weekly increase since May, as the US government partial shutdown and the budget ceiling deadlock ended this Wednesday. The Chinese Yuan climbed 0.4% versus the US Dollar on Thursday to 6.0950 per greenback in onshore RMB market before fetching 6.0982.