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Yuan ends domestic session at 17-mth high, set for best session since 2005

SHANGHAI, Oct 9 (Reuters) - China’s onshore spot yuan finished the domestic session at a 17-month high of 6.7135 against the dollar and was set for its biggest one-day percentage gain since 2005.

If it retains all the gains at the late night close, it would have risen 1.27% against the dollar on the day, marking the biggest one-day rise since July 2005, when China revalued its currency by 2.1% and dropped a decade-old peg against the dollar.

Its offshore counterpart also followed the strengthening trend and traded at 6.7035 per dollar as of 0843 GMT.

Reporting by Winni Zhou and Andrew Galbraith; editing by John Stonestreet

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