Chinese yuan weakens last week



 China’s Yuan weakened against a basket of currencies last , according to the China Foreign Exchange (CFETS).

According to the CFETS, the yuan exchange rate composite index, which measures the yuan’s strength relative to a basket of currencies, came in at 96.73 on April 2, 0.42 points from a earlier.

The index compares the yuan the value of 24 currencies, the U.S. dollar, euro and Japanese yen.

Last also saw an index measures the yuan against the for International Settlements currency basket 0.37 points to 100.91.

The index measuring the yuan against the Special Drawing Rights basket edged 0.34 points to 95.57. (Xinhua/NAN)