BEIJING, Nov. 14 (Xinhuanet) -- China's currency, the yuan, rose to a record high Monday since a 2 percent revaluation was announced by the People's Bank of China, the central bank, on July21.

    The US dollar was at 8.0831 yuan at Monday's close.

    The central bank said in a recent report that the yuan exchange rate against the US dollar changed in both directions but stayed on the strengthening track in general.

    This reflects the gradually increasing flexibility of the exchange rate, it said.

    The report noted that expectations for further appreciation of the renminbi are weakening, with the yuan rate keeping basically stable and floating "normally" at a rational equilibrium. Enditem