Saturday, December 19, 2015

IMF & CHINA's Version of the CNH Renminbi Index

China's Version of the CNH Renminbi Index by the China Foreign Exchange Trading System which recently launched the new Chinese Yuan Index as a trade weighted average of 13 currencies in the basket compared with the International Monetary Fund's - IMF composite of four (4) major currency pairs.  

This would provide some important details as to how the USDCNH and the rest of the currency pairs compare in the basket as alternative strategies in trading the cross rates with the Chinese Yuan in the Foreign Exchange market.

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