Yuan rises to 19-year high amid record fixing

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Source: Bloomberg
Chinese currency recorded a 19-year high as the People's Bank of China set its fixing against the U.S. Dollar to a historical high after the government report showed that the nation's gross domestic product rose below expectations. The daily reference rate was increased by 0.08% to 6.2454 per U.S. Dollar and the Yuan advanced 0.06% to 6.1887 per U.S. Dollar at 10:10 a.m. Shanghai time.

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