Who’s taking a punt on the RMB?
May 12, 2014
RMB hedging best practice
As the Chinese currency frees itself from the yoke of state control, treasurers should start protecting against unforeseen volatility.
It is undeniable – the renminbi is an international currency. Based on Bank of International Settlements (BIS) data, it is now the ninth most traded against the US dollar; its rapid trajectory is directly tied to the opening of offshore trading satellites in Hong Kong, Singapore, Taiwan and London.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
