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 -48.2 -47.1 -92.28 -89.52
USD/CAD -3.83 -0.23 -11.13 0.73
USD/CHF -104.47 -94.47 -214.46 -202.46
EUR/USD 69.8 75.8 148.69 160.72
USD/JPY -67.69 -66.55 -147.79 -145.57