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Tag: yi gang

PBoC’s Yi sets out roadmap to a convertible RMB

PBoC’s Yi sets out roadmap to a convertible RMB

Deputy governor of China's central bank offers assurances and a plan for currency convertibility. While the RMB capital market has seen its pricing advantage ebb away, analysts expect it to open up.
Apr 26, 2017
FX VOICE: When China will end "normal" FX intervention

FX VOICE: When China will end "normal" FX intervention

China’s central bank said it will “basically” end normal intervention in the currency market and broaden the renminbi’s daily trading limit, but no time frame was given. How soon can this happen and what are the implications to the renminbi? CT asks the experts
Nov 25, 2013
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