Morning briefing: Chinese yuan strengthens to 1993 levels
The harbor of Ilulissat in Greenland, 120 miles north of the Arctic Circle.
(Photo Credit: Doug Struck/The Washington Post)
1. The yuan strengthened for the ninth consecutive day Tuesday--breaking through the 6.7 per U.S. dollar mark for the first time since 1993--a day after President Obama criticized China for using its currency to gain a trade advantage.
3. Ireland, Spain and Greece pulled off solid bond auctions.
4. Cairn Energy PLC discovered traces of oil and gas in a second well off the coast of Greenland.
Ariana Eunjung Cha
| September 21, 2010; 9:17 AM ET
Categories: *Morning briefing
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