October 25, 2024

Platts to discontinue four CNY-related FX assessments

Having reviewed assessment data and market feedback, Platts, part of S&P Global Commodity Insights, will discontinue four Chinese Yuan-related foreign exchange rate assessments, effective Jan. 9, 2025.

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 USD 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 16:30 Daily
EUR.CNY AAWFU00 X AAWFW00 Singapore 16:30 Daily
CNY.HKD AAWFY00 / AAWFW00 Singapore 16:30 Daily
SGD.CNY AAWFW00 / AAWFZ00 Singapore 16:30 Daily

Platts first proposed the discontinuations Oct. 10, 2024 via a subscriber note here .

Please send all questions and comments to pricegroup@spglobal.com.

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