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.
The UK and China have agreed to establish direct conversion of the pound and renminbi, while the euro and renminbi may not be far off. In terms of trade settlement, what is the potential impact of this development? ...
The offshore renminbi interbank offered fixing rate is now in swing. Limited liquidity will impact the ability to produce hedging products on the back of it, at least for the short-term, experts note.
Two landmark OTC trades based on the offshore renminbi interbank lending benchmark were readied last week. However, lack of overall liquidity meant the one-year deals were based on three-month lending data.
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
The Bank of England and the China's central bank will sign a three-year FX swap agreement. Will this increase the use of renminbi for trade in the UK and Europe and what more needs to be done? CT asks the experts.