[The RMB Exchange Rate Against a Basket of Currencies Rises to Nearly Four-Year High] According to a report by Jinse Finance, on June 2, driven by safe-haven demand during the Iran conflict, the RMB exchange rate against a basket of trade partner currencies rose to its highest level in nearly four years on Tuesday. Bloomberg's real-time simulated CFETS RMB exchange rate index was reported at 101.41 on Tuesday, the highest since September 2022, marking the third consecutive trading day of gains.