coporate treasurer

China’s new CD market should raise RMB deposit rates

Dec 16, 2013 | By |

While corporates are not able to directly participate in China’s new negotiable certificates of deposit market, China regulatory experts contend the new market should raise renminbi deposit rates.

6 Months 1 Year
Forwards Bid Ask Bid Ask
AUD/USD -44.25 -42.75 -78.11 -76.61
USD/CAD -4.9 -3.5 -17.61 -13.59
USD/CHF -91.73 -90.33 -201.27 -193.27
EUR/USD 74.66 75.37 168.07 170.08
USD/JPY -76.19 -75.05 -179.95 -177.64