China Foreign Exchange Trade
System (CFETS) published that CFETS RMB Index on 28 February
2023 closed at 99.83,staying the sameas 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 28February 2023, the
above two indices closed at104.63 and 96.59 respectively, losing 0.32% and 1.46% from the
end of last month.