Special report: FX
Non-deliverable forwards are losing their allure not just with investors into RMB but also with regulators around the region. On the plus side, changes in market dynamics are offering opportunities for players that are able to integrate their cash management and forex approach
Click below for the articles in our special report
For every statistic that describes the increasing use of the renminbi – $603 billion in RMB deposits at the end of December 2012, the tenfold increase in CNH (offshore renminbi) spot trade since 2010, record duration on a dim sum bond issuance – the question follows: what does this say about the internationalisation of the renminbi?
The answer is
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