Beijing, Feb. 16 - The exchange rate of the Renminbi (RMB) yuan against the U.S. dollar climbed a further 94 basis points to a new high of 7.7408 yuan to one dollar on Friday, according to the Chinese Foreign Exchange Trading System.

 

This is the 13th time that the RMB hit a new high against the U.S. dollar since the beginning of the New Year. The central parity rate of RMB against the U.S. dollar hit 7,7496 yuan on Feb.7, the 12th record this year.