The Chinese currency Renminbi, or the yuan,strengthened 8 basis points to an all-time high at 6.4837 per U.S. dollar on Wednesday, according to the China Foreign Exchange Trading system.
The yuan's fresh central parity rate scrapped the previous record of 6.4845 per U.S. dollar set on Tuesday.
On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.
The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.
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The yuan's fresh central parity rate scrapped the previous record of 6.4845 per U.S. dollar set on Tuesday.
On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.
The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.
Weekly review
May 27
Kim calls for close ties through generations
May 23
China intends to enhance friendship with Japan
May 23
Expert: Ecological problems not all due to Three Gorges Dam
May 24
Top military official's visit promotes China-US military ties
May 28
The week in pictures
May 25
'China fever' sweeps US tourism industry
May 26
US should not monopolize cyber affairs
May 26
Salty tide hits Shanghai as drought lingers
May 25
A new chapter for China-South Africa cooperation
May 27
Military trusted most of all Chinese institutions
