An investor looks at a stock price monitor in Shanghai
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Yuan seeing a 'stark increase in appreciation'

China's currency, the yuan, has been trading at around two decade highs against the US dollar.

While a strong currency increases the spending power of domestic consumers, it makes China's exports more expensive for foreign buyers.

Rico Hizon asked Gavin Parry, managing director of Parry International Trading, about the significance of the yuan's rise against the US dollar.

  • 17 Oct 2012