On July 21, 2005, CNN/Money re****ted that China revalued its currency
Yuan higher against the dollar and she said she would no longer have
the yuan tied to a fixed rate against the U.S. currency.
The statement said China will immediately value the curreycn at 8.11
yuans, down 2% from the 8.28 rate previously.
Read more details in
http://money.cnn.com/2005/07/21/news/international/china_yuan/index.htm
