Death toll rises to 279 in Air India plane crash: police source

The death toll from Thursday's Air India plane crash near Ahmedabad Airport in Gujarat has risen to 279, a police source said on Saturday.

Air India's flight AI-171, a Boeing 787-8 aircraft, flying from the western Indian city of Ahmedabad to London, descended rapidly and crashed into a building on Thursday shortly after takeoff, killing 241 people on board with only one survivor.

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Death toll rises to 279 in Air India plane crash: police source

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Death toll rises to 279 in Air India plane crash: police source

The death toll increased beyond the 241 passengers and crew confirmed dead in the crash as the mishap also caused casualties on the ground.

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.