{"id":29428,"date":"2021-04-06T15:06:54","date_gmt":"2021-04-06T14:06:54","guid":{"rendered":"http:\/\/thefreezonechannel.com\/?p=29428"},"modified":"2021-10-07T00:24:36","modified_gmt":"2021-10-07T00:24:36","slug":"chinese-yuan-weakens-last-week","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/chinese-yuan-weakens-last-week\/","title":{"rendered":"Chinese yuan weakens last week"},"content":{"rendered":"<p>Xinhua<\/p>\n\n\n<p>China\u2019s Yuan weakened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS).<\/p>\n\n\n<p>According to the CFETS, the yuan exchange rate composite index, which measures the yuan\u2019s strength relative to a basket of currencies, came in at 96.73 on April 2, down 0.42 points from a week earlier.<\/p>\n\n\n<p>The index compares the yuan with the value of 24 currencies, including the U.S. dollar, euro and Japanese yen.<\/p>\n\n\n<p>Last week also saw an index that measures the yuan against the Bank for International Settlements currency basket down 0.37 points to 100.91.<\/p>\n\n\n<p>The index measuring the yuan against the Special Drawing Rights basket edged down 0.34 points to 95.57.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-29428\" data-postid=\"29428\" class=\"themify_builder_content themify_builder_content-29428 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>Xinhua China\u2019s Yuan weakened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS). According to the CFETS, the yuan exchange rate composite index, which measures the yuan\u2019s strength relative to a basket of currencies, came in at 96.73 on April 2, down 0.42 points from a week earlier. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[],"class_list":["post-29428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chinese yuan weakens last week - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/chinese-yuan-weakens-last-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese yuan weakens last week - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"Xinhua China\u2019s Yuan weakened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS). According to the CFETS, the yuan exchange rate composite index, which measures the yuan\u2019s strength relative to a basket of currencies, came in at 96.73 on April 2, down 0.42 points from a week earlier. 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