China Foreign Exchange Trade System
(CFETS) published that CFETS RMB Index on 31 May 2022
closed at 100.80, losing 2.36 % from the end
of last month.
order to facilitate the market to observe the change of RMB effective exchange
rate from different perspectives, CFETS also published RMB indices based on BIS
currency basket and SDR currency basket respectively. On 31 May 2022, the above
two indices closed at 105.56 and 99.29 respectively, losing 2.15% and 1.83% from the
end of last month.