The RMB Handbook: Trading, Investing and Hedging
Discipline: Foreign Exchange, Investing
No of pages: 338
The renminbi (RMB), the official currency of the People’s Republic of China, is rising in importance in internal foreign exchange and other markets, receiving an increasing amount of attention from politicians, economists, traders, investors, and corporate hedgers. Before 2009, the Chinese renminbi had little to no exposure in the international markets, but this is about to change dramatically, thanks to China’s decision to establish RMB as an international reserve currency.
The RMB Handbook provides a comprehensive review of the attitudes to and development of RMB, most importantly offering practical advice to different categories of end-users regarding the various financial instruments linked to RMB, and demonstrating how practitioners can make use of these to achieve their objectives (while working within the parameters of new regulations).