Zhitong Finance App learned that on October 12, the China Foreign Exchange Trading Center published an announcement that in September, the offshore (CNH) RMB spot exchange rate appreciated against the US dollar, and the spot exchange rate of the onshore (CNY) RMB against the US dollar appreciated; the average daily average price difference (absolute value of CNY - CNH) was 30BP, a decrease of 3BP from the previous month; the CFETS RMB exchange rate index and the RMB exchange rate index with reference to the BIS currency basket and the reference SDR currency basket rose by 1.31%, 1.34%, and 1.44%, respectively, from the end of the previous month. The amount of offshore RMB bonds issued increased compared to the previous month. CNH HIBOR's overnight, 7-day, 3-month, and 1-year terms increased by 8 BP, 5 BP, and 1 BP, respectively, from the end of the previous month, and were basically unchanged.

Zhitongcaijing · 2d ago
Zhitong Finance App learned that on October 12, the China Foreign Exchange Trading Center published an announcement that in September, the offshore (CNH) RMB spot exchange rate appreciated against the US dollar, and the spot exchange rate of the onshore (CNY) RMB against the US dollar appreciated; the average daily average price difference (absolute value of CNY - CNH) was 30BP, a decrease of 3BP from the previous month; the CFETS RMB exchange rate index and the RMB exchange rate index with reference to the BIS currency basket and the reference SDR currency basket rose by 1.31%, 1.34%, and 1.44%, respectively, from the end of the previous month. The amount of offshore RMB bonds issued increased compared to the previous month. CNH HIBOR's overnight, 7-day, 3-month, and 1-year terms increased by 8 BP, 5 BP, and 1 BP, respectively, from the end of the previous month, and were basically unchanged.