coporate treasurer

FX forwards now more attractive in China

Apr 30, 2012 | By |

The foreign exchange regulator for China has scrapped a restricting limit on FX exposure for onshore banks, making it cheaper for banks to offer FX forwards to CFOs.

6 Months 1 Year
Forwards Bid Ask Bid Ask
AUD/USD -42.3 -40.95 -78.5 -73.5
USD/CAD -10.87 -7.02 -20.25 -14.25
USD/CHF -103.7 -98.7 -207.5 -197.5
EUR/USD 91.4 93.5 183.3 186.8
USD/JPY -77.8 -76.6 -161.6 -158.6