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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessChina Yuan CFETS Index Rises After.......>
CHINA YUAN: China Yuan CFETS Index Rises After Two-Week Decline
- A currency index of the Chinese yuan rose after two consecutive weeks of
decline from August 17, according to data released on Monday by the People's
Bank of China. The CFETS Weekly RMB Index, which measures the yuan's strength on
a trade-weighted basis relative to a basket of 24 of its trading partners'
currencies, rose by 0.33% from the previous week on Friday, registering at
93.08. However, the index has now pared back all of the accumulated gains it had
made year-to-date, with Friday Aug 31's reading down 1.87% from 94.85 on Dec 29,
according to MNI's calculations.
- For full story see MNI Main Wire at 02:51 BST 09/03, or contact us for access.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.