The People's Bank of China is stepping in to curb a rush into sovereign debt amid economic weakening, a rare move aimed at stabilising the financial markets.
The internationalisation of the renminbi has always been a strong focus for Beijing, but a recent IMF report suggests it could be losing ground to other non-traditional reserve currencies.
They may have completely different functions, but the chief financial officer and the chief sustainability officer need to be in lockstep to drive sustainable transformation.
Commodities may have come off the boil after a tumultuous 2022, but analysts are now seeing commodity price impacts in previously less exposed sectors.
This month’s crash of the Russian and Argentine currencies may not be surprising but does point to wider issues for emerging economies and for treasurers offers an object lesson in handling volatility.
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