Asian nations built stockpiles of foreign reserves during 2013. Will increased FX reserve holdings help against expected volatility and which countries are prepared? CT asks the experts.
Whoops! The US Fed backtracked on plans to slow down asset purchases. The rupiah and the rupee were dented badly on the assumption it would; they are now recovering. How will Asia’s currencies behave now? CT asks the ...
Asian currencies recently fell on news the US Federal Reserve could slow the pace of its monetary stimulus later this year. Could these concerns pose prolonged risk to the Asian currencies? CT asks the experts.
Clearing of renminbi in Singapore has begun. The first reported Singapore dollar/renminbi spot trade was completed by Deutsche bank for a client based on the offshore renminbi rate.
The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.
ICBC’s Singapore branch can now provide renminbi cross-border settlements. What factors will help Singapore to rival Hong Kong as a renminbi hub and what will it mean for the CNH? CT asks the experts