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MNI: China Yuan CFETS Index Slumps Fastest On Record

     BEIJING (MNI) - A currency index of China's yuan saw the biggest weekly
drop on record last week, on a trade-weighted basis against the currencies of
its major trading partners, according to 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, fell by 1.77% on June 29 from the previous week to 95.66, the
lowest since the week of Jan 19 this year. 
     The 1.77% slump was the biggest drop since the index was created on
December 11, 2015. 
     That said, the RMB gauge has recorded a 0.85% gain year-to-date as of last
Friday, up from 94.85 on Dec 29, according to MNI's calculations. 
Date        Yuan Index  Week-on-week Change
-------------------------------------------
29/06/2018       95.66               -1.77%
22/06/2018       97.38               -0.48%
15/06/2018       97.85                0.57%
08/06/2018       97.30               -0.03%
01/06/2018       97.33               -0.31%
25/05/2018       97.63               -0.26%
18/05/2018       97.88                 0.3%
11/05/2018       97.59                0.07%
04/05/2018       97.52                0.15%
27/04/2018       97.37                0.39%
20/04/2018       96.99                0.02%
13/04/2018       96.97                0.36%
04/04/2018       96.62               -0.11%
30/03/2018       96.73                0.65%
23/03/2018       96.11               -0.01%
16/03/2018       96.12                0.18%
09/03/2018       95.95               -0.33%
02/03/2018       96.27                0.49%
23/02/2018       95.80               -0.33%
14/02/2018       96.12               -0.83%
09/02/2018       96.92                0.66%
02/02/2018       96.28                0.61%
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: sherry.qin@marketnews.com
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
--MNI Beijing Bureau; +86-10-8532-5998; email: beijing@marketnews.com
[TOPICS: MTABLE,MAQDT$,MDQCB$,M$A$$$,M$Q$$$,MBQ$$$]

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