Standard Chartered RGI fell to 1,770 in March

The Standard Chartered Renminbi Globalisation Index (RGI) fell to 1,770 in March, its lowest level since March 2014, from 1,786 in February. The 0.9% m/m drop is a material improvement from February’s -6.4%, mainly thanks to the normalised impact from the CNH FX turnover component.

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