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October RMB Real effective exchange rate drop 1.24%

Source: Internet
Author: User
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According to the latest statistics released by the BIS, the real effective exchange rate index for the renminbi in October was 118.2, down 1.24% from September, the biggest one-month decline since March.　　The RMB nominal effective exchange rate index was 111.8 in October, down 1.77% from September. In the currency basket in which the BIS currently calculates the real effective exchange rate of the renminbi, the proportion of the yen, the dollar, the euro, the Korean won, Hong Kong dollars and NT $ six in total is 83.6%, of which the yen has the largest weight, reaches 26.2%, the dollar weighs 20.3% and the euro weighs 17.8%. (Jia Gong)

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