In order to better facilitate RMB/FX pricing and trading and provide more market-based exchange rate references for the market players, CFETS has started to publish the reference rates of RMB against USD and other major foreign currencies according to market requirements on each trading day since August 24th, 2015 on www.chinamoney.com.cn. The adopted calculation method is by taking the weighted average of the market dealt prices within 30 seconds before each time point respectively. If no deal happens during the corresponding time, the calculation is based on the bid and ask quotes. The reference rates of all the time points are based on the domestic interbank FX market prices and are a comprehensive reflection of FX market supply and demand on the due trading day.