NANNING, China, Sept 30 (Bernama) -- Recently, Xinhua News Agency signed an agreement with Nanning city, capital city of Guangxi Zhuang Autonomous Region in Southern China, to compile and issue China-ASEAN Monetary Index (CAMI).
CAMI is a basic component of financial information platform of 'China-ASEAN Information Harbour', taking US Dollar Index and Euro Index for reference.
CAMI is a comprehensive representation of the fluctuation of monetary exchange rate between Chinese RMB and currencies of ASEAN countries based on the data of monetary exchange rates of major currencies and trade between China and ASEAN.
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