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Nanning-China Asean Monetary Index
Nanning CAMI is the first comprehensive index reflecting the change of effective exchange rate between RMB and currencies of ASEAN countries in the global financial market. The index has been highly recognized by the state ministries and commissions after its publication. The People's Bank of China, the National Development and Reform Commission, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and other ministries and commissions take it as one of the 12 replicable and popularized "Guangxi experience", providing the experience for the national financial reform and innovation. In addition, it has gradually attracted the attention of ASEAN countries and international organizations. The ASEAN+3 Macroeconomic Research Office (AMRO) has repeatedly announced that the index has become an important reference exchange rate index for private and government departments in the ASEAN region to observe the trend of RMB exchange rate and trade and investment in China.
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