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Tag Archives: Chinese Renminbi RMB

People's Bank of China

China to add 11 currencies to CFETS RMB Index in 2017

China will add 11 new currencies to CFETS RMB Index on 01 January 2017; expands the RMB Index from a basket of 13 currencies to 24 currencies. The CFETS Index is a guidance for market participants to look at Renminbi against a basket of currencies instead of focusing on USDCNY exchange rate only.

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Eyes on that weak Ringgit and Renminbi

Malaysian Ringgit is very weak even against ASEAN currencies. There is a danger that investors must watch especially when USD is strengthening while the RMB is weakening further.

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USDIDR weekly chart May 2014 - present

US Dollar rising against Asian Currencies

9 Asian currency pairs that are rising in favour of US Dollar strengthening. They are tradable thru Axitrader MT4 or on the Singapore Exchange (futures).

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