BEIJING, June 12 (Xinhua) — The Chinese yuan weakened towards a basket of currencies final week, in keeping with the China Foreign Exchange Trade System (CFETS).
The CFETS yuan trade charge composite index, which measures the yuan’s energy relative to a basket of currencies, went down 0.49 factors from the earlier week to 97.65, in keeping with the CFETS.
The index compares the yuan with the worth of 24 currencies, together with the U.S. dollar, euro and Japanese yen.
Last week additionally noticed an index that measures the yuan towards the Bank for International Settlements foreign money basket edge down 0.49 factors from the earlier week to 102.
The index measuring the yuan towards the Special Drawing Rights basket misplaced 0.33 factors week on week to 93.74.