Renminbi rhetoric hits new high

Mounting speculation about an imminent revaluation of the renminbi sparked a rise in volatility in early April, with renminbi non-deliverable forwards (NDFs) volatility reaching their highest rates since 2008.

The three-month USD/CNY NDF fell to its lowest level since July 2008, when China repegged the renminbi to the US dollar. The market priced in more renminbi appreciation risk on April 8, after speculation a renminbi appreciation was imminent. On April 8, renminbi 12-month NDFs were pricing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here