All About The Maos!
I heard this on CCTV9 last night, and the “66th new record high” got my attention. That’s propaganda-speak for “steady improvement”, but this is pretty impressive even without the overblown description.
The Chinese Foreign Exchange Trading System says the renminbi (RMB) broke the record 7.47 mark on Wednesday, with the central parity rate at 7.4692 yuan [...]