Hong Kong CNH dollar deposits drop

Offshore renminbi deposits in Hong Kong fell in September as did the the city's market share in trade settlement.

Nov 2, 2012

What: Offshore renminbi (CNH) deposits in Hong Kong fell Rmb6.5 billion to Rmb545.7 billion in September, according to the Hong Kong Monetary Authority. The drop means that renminbi deposits as a total share of deposits in Hong Kong now stands at 8.48%, a slight decrease of 0.12 percentage points.

Sign-in to access CorporateTreasurer content.

Please sign in to your subscription to unlock full access to our premium CT resources.

Free Registration & 7-Day Trial

Note: This free trial is a one-time offer. You are eligible for one free trial per year.

If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.

Questions?

If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Banks & Service Providers Cash & Liquidity Funding & Investment Treasury