Tag: raj rai

New restrictions on masala bonds issuance might be a headache for MNCs but others see it as welcome tightening of restrictions.

As the People’s Bank of China steps up its curb on capital outflows, it has U-turned on its well-publicised cross-border renminbi cash pooling policy. Spooked treasurers are tackling the issue head on.

With the increasing liberalisation of renminbi, corporates such as IKEA are using it for trade settlement, treasury currency, as well as an investment instrument.