Chinese yuan strengthens last week

0 Comment(s)Print E-mail Xinhua, September 18, 2023
Adjust font size:

BEIJING, Sept. 18 (Xinhua) -- Chinese yuan strengthened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS).

The CFETS yuan exchange rate composite index, which measures the yuan's strength relative to a basket of currencies, gained 0.74 points from the previous week to 98.51, according to the CFETS.

The index compares the yuan's value with the value of 24 currencies, including the U.S. dollar, the euro, and the Japanese yen.

Last week also saw an index measuring the yuan against the Bank for International Settlements currency basket edge up 0.83 points from the previous week to 103.

The index measuring the yuan against the Special Drawing Rights basket rose 0.94 points week on week to 93.55. Enditem

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from