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BOC Cross-border RMB index falls to 266 in Oct.

BEIJING
2015-12-16 10:31

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The BOC Cross-border RMB Index (CRI) dropped 44 from September to stand at 266 in October, the Bank of China said on Tuesday.

Cross-border RMB settlement totaled 603.6 billion yuan under current accounts and direct investments in October, down 4.48 percent from a year ago and 36.2 percent from September, the BOC said.

Meanwhile, RMB accounted for 1.92 percent among the global payment and settlement currencies in October, down 0.53 percentage point from September, the BOC noted.

The RMB cross-border payments saw a net outflow in October, the second month of net outflows this year, the BOC added.

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