Since the central bank dramatically changed the way it values the dong, treasurers have been warned to become proactive about monitoring and managing new risks associated with it.
Following the move by the People’s Bank of China to devalue the renminbi, CT compiles excerpts from analyst reports to assess what it means for Asia’s treasurers.
In exclusive partnership with East & Partners Asia, CT earmarks what treasurers care about in a trade bank. Clearly most prefer to use electronic-based trade documentation where possible.
Taiwanese money market funds are struggling to perform amid low interest rates. Some managers are shortening the duration of their portfolios, possibly in expectation of a rate rise.
After the State Bank of Vietnam’s (SBV) devaluation of the dong on January 7, CT asks FX strategists what similar FX moves Asia-Pacific treasurers should look for in 2015.