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 -69.27 -68.67 -122.78 -122.03
USD/CAD 7.18 8.08 -10.36 -6.86
USD/CHF -73.12 -70.62 -169.3 -163.3
EUR/USD 35.8 36.3 91.71 95.22
USD/JPY -45.1 -44.4 -113.6 -112.1