The CFETS RMB Exchange Rate Index is a key indicator that measures the value of the Chinese yuan against a basket of currencies from its major trading partners. A decrease in this index suggests a ...
The CFETS RMB Exchange Rate Index is a crucial measure that reflects the value of the Chinese yuan against a basket of currencies. A rise in this index indicates a strengthening of the yuan, which can ...
Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual appreciation of the currency against the dollar. At the end of 2025 it crossed the ...
When the RMB exchange rate hovered around 7.2–7.3 in previous years, foreigners felt that prices in Shanghai were reasonable, ...
A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange ...
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