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Chinas Yuan Hits Four Year High

Chinas yuan climbed to a fresh four-year high against the dollar as softer oil prices weighed on the greenback. Investors remained cautious ahead of upcoming central bank meetings and Chinas fifth plenum.

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Yuan banknotes are seen in this illustrative photograph taken in Beijing July 26, 2010. REUTERS/Jason Lee (CHINA - Tags: BUSINESS IMAGES OF THE DAY)

China's yuan climbed to a four-year high against the USD/CNH on Monday, extending an eighth straight session of gains.
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