-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessTrending Top 5
Market News Topics
January 29, 2018 07:34 GMT
MNI: China Yuan CFETS Index Rises To Highest Since June 2016
MNI (London)
BEIJING (MNI) - China's currency surged to the highest level in almost 18
months on a trade-weighted basis against those of its major trading partners,
according to weekly data released Monday by the People's Bank of China.
The CFETS Weekly RMB Index, which measures the yuan relative to a basket of
24 currencies, gained 0.47% last week from a week ago to 95.70, the highest
since June 17, 2016, when the trade-weighted index stood at 95.82.
As of Jan. 26, the RMB gauge has recorded a 0.9% gain the year-to-date, up
from 94.85 on Dec. 29, according to MNI's calculations.
***COMMENT: The RMB index has risen 0.90% so far this year, compared with a
0.02% appreciation through the whole of 2017. Some in the market believe that
the RMB's surge may prompt the PBOC to intervene if it touches 96, since the
immediate impact may slow China's exports.
Date Yuan Index Week-on-week Change
-------------------------------------------
26/01/2018 95.70 0.47%
19/01/2018 95.25 0.53%
12/01/2018 94.75 -0.16%
05/01/2018 94.90 0.05%
29/12/2017 94.85 0.20%
22/12/2017 94.66 0.22%
15/12/2017 94.45 -0.15%
08/12/2017 94.59 0.22%
01/12/2017 94.38 -0.31%
24/11/2017 94.67 -0.32%
17/11/2017 94.70 -0.37%
10/11/2017 95.05 -0.30%
03/11/2017 95.34 0.34%
27/10/2017 95.02 0.04%
20/10/2017 94.64 -0.38%
13/10/2017 95.00 0.70%
29/09/2017 94.34 -0.21%
22/09/2017 94.54 -0.34%
15/09/2017 94.86 -0.32%
08/09/2017 95.16 0.78%
01/09/2017 94.42 0.70%
25/08/2017 93.76 -0.06%
18/08/2017 93.82 -0.22%
11/08/2017 94.03 1.26%
04/08/2017 92.86 0.13%
28/07/2017 92.74 -0.18%
21/07/2017 92.91 -0.46%
14/07/2017 93.34 -0.19%
07/07/2017 93.52 0.25%
30/06/2017 93.29 0.08%
23/06/2017 93.22 -0.02%
16/06/2017 93.24 0.16%
09/06/2017 93.09 -0.08%
02/06/2017 93.16 0.83%
31/05/2017 92.39 0.14%
26/05/2017 92.26 -0.25%
19/05/2017 92.49 -0.57%
12/05/2017 93.06 0.06%
05/05/2017 93.00 0.24%
28/04/2017 92.78 -0.22%
21/04/2017 92.98 -0.21%
14/04/2017 93.18 -0.04%
07/04/2017 93.22 0.31%
31/03/2017 92.93 0.02%
24/03/2017 92.91 -0.44%
17/03/2017 93.32 -0.97%
10/03/2017 94.23 -0.05%
03/03/2017 94.28 0.47%
24/02/2017 93.84 -0.39%
17/02/2017 94.21 0.19%
10/02/2017 94.03 0.00%
03/02/2017 94.03 -0.20%
26/01/2017 94.22 -0.69%
20/01/2017 94.87 0.09%
13/01/2017 94.78 -0.49%
06/01/2017 95.25 NA
30/12/2016 94.83 -0.27%
23/12/2016 95.09 0.11%
16/12/2016 94.99 0.33%
09/12/2016 94.68 -0.24%
02/12/2016 94.91 0.25%
25/11/2016 94.67 0.14%
18/11/2016 94.54 0.22%
11/11/2016 94.33 0.59%
04/11/2016 93.78 -0.39%
28/10/2016 94.15 -0.16%
21/10/2016 94.3 -0.36%
14/10/2016 94.64 0.61%
30/09/2016 94.07 -0.04%
23/09/2016 94.11 -0.18%
14/09/2016 94.28 0.26%
09/09/2016 94.04 -0.52%
02/09/2016 94.53 0.50%
26/08/2016 94.06 -0.05%
19/08/2016 94.11 -0.40%
12/08/2016 94.49 -0.24%
05/08/2016 94.72 -0.65%
29/07/2016 95.34 0.15%
22/07/2016 95.2 0.87%
15/07/2016 94.38 0.14%
08/07/2016 94.25 -0.66%
01/07/2016 94.88 -0.43%
24/06/2016 95.29 -0.55%
17/06/2016 95.82 -0.20%
08/06/2016 96.01 -1.02%
03/06/2016 97 -0.21%
27/05/2016 97.2 -0.15%
20/05/2016 97.35 0.38%
13/05/2016 96.98 0.38%
06/05/2016 96.61 -0.53%
29/04/2016 97.12 -0.10%
22/04/2016 97.22 -0.16%
15/04/2016 97.38 -0.27%
08/04/2016 97.64 -0.38%
01/04/2016 98.01 -0.15%
25/03/2016 98.16 0.11%
18/03/2016 98.05 -0.78%
11/03/2016 98.82 -0.34%
04/03/2016 99.16 -0.13%
26/02/2016 99.29 -0.15%
19/02/2016 99.44 0.21%
05/02/2016 99.23 -0.92%
29/01/2016 100.15 -0.68%
22/01/2016 100.84 0.45%
15/01/2016 100.39 0.43%
08/01/2016 99.96 -0.97%
31/12/2015 100.94 0.07%
25/12/2015 100.87 -0.64%
18/12/2015 101.52 0.07%
11/12/2015 101.45 -1.44%
30/11/2015 102.93
- Percentage changes are calculated by MNI based on CFETS data.
- Data from China Foreign Exchange Trading System (CFETS), PBOC's unit for
running the country's interbank market.
- Yuan index value was at 100 at the end of 2014. All data from CFETS.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
--MNI Beijing Bureau; +86 (10) 8532 5998; email: marissa.wang@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MTABLE,MAQDT$,MDQCB$,M$A$$$,M$Q$$$,MBQ$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok