![china: China to cut weighting of dollar, euro in CFETS yuan basket index in 2023 - The Economic Times china: China to cut weighting of dollar, euro in CFETS yuan basket index in 2023 - The Economic Times](https://img.etimg.com/thumb/width-1200,height-900,imgsize-27862,resizemode-75,msid-96621888/markets/forex/china-to-cut-weighting-of-dollar-euro-in-cfets-yuan-basket-index-in-2023.jpg)
china: China to cut weighting of dollar, euro in CFETS yuan basket index in 2023 - The Economic Times
![George Magnus on Twitter: "China's RMB has been falling against CFETS basket since inception. Now down 7%. See against whom. Mostly JPY. https://t.co/bjuYBnop6Z" / Twitter George Magnus on Twitter: "China's RMB has been falling against CFETS basket since inception. Now down 7%. See against whom. Mostly JPY. https://t.co/bjuYBnop6Z" / Twitter](https://pbs.twimg.com/media/CqkH8anXYAAbnlB.jpg:large)
George Magnus on Twitter: "China's RMB has been falling against CFETS basket since inception. Now down 7%. See against whom. Mostly JPY. https://t.co/bjuYBnop6Z" / Twitter
![Brad Setser on X: "CNY = 7 is weak relative to CNY's post 2008 trading range. If dominant currency pricing is right, the CNY's level v the USD matters. But the CNY Brad Setser on X: "CNY = 7 is weak relative to CNY's post 2008 trading range. If dominant currency pricing is right, the CNY's level v the USD matters. But the CNY](https://pbs.twimg.com/media/FwYMkt5WIAEVjqZ.png:large)
Brad Setser on X: "CNY = 7 is weak relative to CNY's post 2008 trading range. If dominant currency pricing is right, the CNY's level v the USD matters. But the CNY
![HOW HAS THE CFETS BASKET BEHAVED IN THE PAST FEW YEARS? - How does China manage the yuan, and what is its real value? | The Economic Times HOW HAS THE CFETS BASKET BEHAVED IN THE PAST FEW YEARS? - How does China manage the yuan, and what is its real value? | The Economic Times](https://img.etimg.com/thumb/msid-70604907,width-480,height-360,imgsize-1030352,resizemode-75/currency-game.jpg)
HOW HAS THE CFETS BASKET BEHAVED IN THE PAST FEW YEARS? - How does China manage the yuan, and what is its real value? | The Economic Times
![Callum Thomas a X: "The new CFETS #Renminbi basket -- emphasis is that #CNY will be managed to a basket... $USDCNY https://t.co/0Xu46faFud" / X Callum Thomas a X: "The new CFETS #Renminbi basket -- emphasis is that #CNY will be managed to a basket... $USDCNY https://t.co/0Xu46faFud" / X](https://pbs.twimg.com/media/CWIznydVEAAagiv.png)