Tag: renminbi

Intra-group cross-border transactions are netted monthly into Renminbi through netting settlement centres, across nine mainland entities. The solution, via HSBC, unlocks working capital, and is exposed to the valuation of the under pressure Rmb.

As macro uncertainty looms, multinationals are increasingly looking at local funding channels, benefiting the panda bond market in China.

With the US election result likely to produce a nail-biting finish, a CT round-up of local analysis distils the mood – and the likely affect – for Asia Pacific operations.

Michelle Xu, greater China head of risk management solutions at Deutsche Bank, discusses the impact of the Fed’s rate cut decision on Chinese exporters.

At a panel discussion around FX risk management and exchange rates, Chinese experts advised firms to step up hedging strategies, given the US Fed rate will stay higher for longer.

HSBC has become one of the first banks to trade in the RMB interest rate option on the first day of its operation

Beijing has filed no fewer than 84 patents centred on its digital currency and electronic payments system. What's the big idea? CT looks at China's virtual cash soft power push

Renminbi direction can be like reading runes at the best of times. But recent policy statements from China regulators show a clear move away from a US dollar hegemony

The dollar-yuan exchange rate - now at its lowest in more than a decade - highlights the need for businesses with exposure to the Chinese currency to either fortify their positions ... or just take it on the chin

US charges of currency manipulation need to be taken with a grain of salt, but also a grain of caution, by Asia’s corporate treasurers

Poor FX risk management led to American companies losing an estimated $20 billion in the fourth quarter in 2018. Are you hedging your FX exposures in Asia correctly?

UOB announced two new solutions last week to help firms in China better hedge their FX exposure for transactions denominated in international currencies.