SHANGHAI (Reuters) – China will adjust the weightings of its yuan CFETS basket in 2025, the country’s foreign exchange trading platform said on Tuesday.
From January 1, the central bank-supervised China Foreign Exchange Trade System (CFETS) will reduce the weighting of the US dollar in the CFETS currency basket from 19.46% to 18.903% and reduce the weighting of the euro from 18.08 to 17.902%. %, and reduce the weighting of the yen from 8.963% to 8.584%, according to an online statement.
It will add Macau’s pataca to the basket, bringing the total number of currencies in the CFETS basket to 25 next year.
