CHINA-FOREX-YUAN

Chinese 100 Yuan notes are counted at a bank in Shanghai on April 11, 2008. China’s central bank set the yuan at 6.992 against the USD, the first time the currency has broken through 7.000 since a peg with the US unit was scrapped nearly three years ago. This means the yuan has now risen about 18 percent against the USD since July 2005, when it was cut loose from a peg to the greenback. AFP PHOTO/Mark RALSTON (Photo credit should read MARK RALSTON/AFP/Getty Images)