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In June 2010, China resumed its policy of gradually moving the yuan up, and by December 2013, the currency had cumulatively appreciated by about 12% to .11. China does not have a floating exchange rate that is determined by market forces, as is the case with most advanced economies. The yuan was pegged to the greenback at 8.28 to the dollar for more than a decade starting in 1994. Over the next three years, the yuan was allowed to appreciate by about 21% to a level of .83 to the dollar.

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Level 2 data forexworld

Level 2 data forexworld