Hong Kong further opens up CNH flexibility
Apr 29, 2013
CNH Hibor fixing launched
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.
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The new CNH Hong Kong Interbank Offered Rate fixing (CNH HIBOR fixing) went live yesterday (June 24).
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