The latest CFETS RMB exchange rate index calculated by China Foreign Exchange Trading Center on August 2, 20 19 is 93.56, which is 0% higher than the last trading day of the previous trading week (July 26, 20 19). What is the RMB foreign exchange index? Let Bian Xiao, the muscle head, answer for you!

In order to facilitate the market to observe the change of the effective exchange rate of RMB from different angles, China Foreign Exchange Trading Center calculated the RMB exchange rate index with reference to the currency basket of the Bank for International Settlements and the SDR currency basket. On August 2, 20 19, the above two indexes were 97. 13 and 93.79 respectively, which were 0. 16 and 0.09 higher than those on July 26, 20 19 respectively.