China Foreign Exchange Trade System (CFETS) published that CFETS RMB Index on 29 March 2024 closed at 99.78, gaining 0.34% from the end of last month.

In 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 29 March 2024, the above two indices closed at 105.09 and 94.43 respectively, gaining 0.48% and 0.33% from the end of last month.