The Chinese currency renminbi, or the yuan, strengthened 49 basis points to 6.2926 against the US dollar on Tuesday, according to the China Foreign Exchange Trading System.
The Chinese currency renminbi, or the yuan, weakened 24 basis points to 6.2905 against the US dollar on Thursday.
Sustained bullish sentiment has driven China's currency, the renminbi, to a record high for three straight days, triggering expectations the yuan could reach 6.2 against the dollar by the year end.
The Chinese currency Renminbi, or the yuan, strengthened 10 basis points to 6.2881 against the US dollar on Wednesday.
The exchange rate of the Chinese currency hit a record high on Thursday after the country reported that September saw the largest jump in capital inflows.
The upcoming Strategic and Economic Dialogue between the US and China is an excellent opportunity to examine and rethink America's priorities.
The supply and demand relations in the market are playing an increasing role in deciding the exchange rate of the Chinese currency, the central bank governor said Monday.
Economy faces uncertainties
China will allow the value of the yuan to float more freely, possibly by as much as 0.75 percent.
China will keep the exchange rate of its currency yuan basically stable this year.
Experts say rise shows market has confidence in Chinese economy.
SHANGHAI - The value of the yuan will fluctuate greatly this year but ultimately appreciate by 2 percent to 3 percent against the US dollar.
Pressing China to appreciate its currency will only harm economic relations between China and the United States.
The US Chamber of Commerce in China on Wednesday voiced its opposition and "regret" at the US Senate's passage of a bill designed to push China to let the yuan appreciate further.
The speedy appreciation of the yuan is not the solution to US' faltering economy. Instead, a stronger yuan that slows Chinese growth could further and threaten the global recovery, according to a commentary on the website of The Wall Street Journal on Oct 5.
Here's a bold prediction to feed Western worries that power is shifting inexorably to the East: China's yuan could overtake the US dollar as the world's principal reserve currency as soon as next decade.
The Chinese currency Renminbi, or the yuan, gained 19 basis points to a record high of 6.3972 per $1 on Friday, according to the China Foreign Exchange Trading system.
The renminbi (RMB), China's official currency, rose to a new ratio of 6.4696 yuan per US dollar on Monday.
A group of US lawmakers have re-launched an attempt to punish China into reforming the RMB exchange rate.
Ben Bernanke urges yuan rethink
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