The CFETS RMB Exchange Rate Index serves as a crucial indicator of the yuan's performance against a basket of currencies. A decrease in this index suggests a weakening of the yuan, which can have ...
The CFETS RMB Exchange Rate Index is a vital indicator used to measure the value of the Chinese Yuan against a basket of foreign currencies. A decrease in this index suggests a weakening of the Yuan ...
Chinese policymakers may have become more relaxed about fluctuations in the yuan, but no one should doubt their willingness to intervene if the currency moves too far in either direction. In September ...
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