January 09, 2025

Platts discontinues four yuan-related FX assessments

Platts, part of S&P Global Commodity Insights, has discontinued four yuan-related foreign exchange rate assessments, effective Jan. 9, 2025, following market feedback and a review of assessment data.

The following four FX assessments, derived from the daily USD.CNY exchange rate (symbol: AAWFW00), published by the People's Bank of China, and the respective dollar foreign currency exchange rates assessed by Platts at 4:30 pm Singapore time, are no longer used for currency conversions of any Platts price assessments.

Central Bank Currency Symbol Frequency
People's Bank of China AUD.CNY AAWGF00 Daily
People's Bank of China EUR.CNY AAWGB00 Daily
People's Bank of China CNY.HKD AAWGE00 Daily
People's Bank of China SGD.CNY AAWGD00 Daily

The below table provides alternate symbols and calculations to use to get the same FX rates.

Currency Alternate symbols and calculation Timestamp Frequency
AUD.CNY AAWFT00 X AAWFW00 Singapore 1630 Daily
EUR.CNY AAWFU00 X AAWFW00 Singapore 1630 Daily
CNY.HKD AAWFY00 / AAWFW00 Singapore 1630 Daily
SGD.CNY AAWFW00 / AAWFZ00 Singapore 1630 Daily

Platts informed the market of the discontinuation Oct. 25, 2024 via a subscriber note here, after a proposal Oct. 10, 2024 via a subscriber note here.

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