How the offshore renminbi is making waves
Jan 15, 2020
How should you hedge your RMB? Futures? Options? Or just suck it up?
The dollar-yuan exchange rate - now at its lowest in more than a decade - highlights the need for businesses with exposure to the Chinese currency to either fortify their positions ... or just take it on the chin
The onshore renminbi plunged to an 11-year low this week – hovering around the psychologically critical 7 to the US dollar mark - after remarks by US President Donald Trump that he regretted not taking an even tougher approach on the ongoing trade dispute with China.
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