The yuan has hit its highest since mid-October 2022 (using its trade-weighted value) – ForexLive

of CFETS Renminbi Index (often referred to as the “Renminbi CFETS Index”) is a trade-weighted currency index published by the China Foreign Exchange Trading System (CFETS). It measures the value of the Chinese Yuan (CNY) against a basket of currencies of China's major trading partners. Globally, the US dollar has appreciated and the renminbi (US […]