Search Results for: RMB
HKEX to Introduce its First RMB Currency Options on 20 March
February 16th, 2017
Hong Kong Exchanges and Clearing Limited (HKEX) will introduce its planned Renminbi (RMB) Currency Options on Monday, 20 March 2017. The US dollar-Offshore RMB (USD/CNH) Options will be the first currency options traded at HKEX. The eight contract months ...
PBOC Unveils Plans To Create Blockchain-based RMBCoin
January 23rd, 2017
Even though China is not a big fan of Bitcoin, they see the merit of digital currencies. In fact, the PBOC has been working on RMBCoin, a national digital currency project. By the look of things, RMBCoin will not ...
Credit Suisse reached a settlement for its RMBS business
December 23rd, 2016
Credit Suisse announced today that it has reached a settlement in principle with the U.S. Department of Justice (DOJ) related to its legacy Residential Mortgage-Backed Securities (RMBS) business – a business conducted through 2007. This settlement would release Credit ...
HKEX and Thomson Reuters agree for the creation a new series of Renminbi (RMB) indices
May 24th, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters today (Tuesday) signed an agreement for the creation of a new series of Renminbi (RMB) indices. The new index series will give the world benchmarks that reflect the development ...
PBOC:The Central Parity of RMB against US Dollar Became More Market-based in 2015
January 8th, 2016
Guest Commentator of CFETS The PBC improved the quotation mechanism of the central parity of RMB against US dollar on August 11, 2015, for the purpose of having a more market-based central parity to serve as the benchmark for ...
RMB exchange rate remained generally stable against a basket of currencies in 2015
January 7th, 2016
Guest Commentator of CFETS, Jan 5, 2016 On January 4, 2016, the China Foreign Exchange Trade System published the latest readings of a series of RMB exchange rate indices. According to the latest figures, on December 31, 2015, the ...
HKEx Extends Incentives for RMB Currency Futures
December 29th, 2015
Renminbi (RMB) currency futures contracts continue to serve as an effective risk management tool in periods of unexpected USD/CNH* volatility, and Hong Kong Exchanges and Clearing Limited (HKEx) is extending incentives to solidify the development of its RMB currency ...
UAE, China agree to set up RMB clearing hub
December 28th, 2015
The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi (People’s money), local UAE media reported on Sunday. The UAE clearing hub for the Chinese ...
The Launch of RMB Index Helps to Guide Public View of RMB Exchange Rate
December 14th, 2015
Guest Commentator of CFETS, Dec 11th, 2015 The China Foreign Exchange Trade System (also known as CFETS) has published CFETS exchange rate index on its website on December 11th. This will help bring about a shift in how the ...
Cross-Border RMB Flows and Capital Market Connectivity Between China and Singapore to Strengthen
November 9th, 2015
Initiatives to strengthen cross-border Renminbi (RMB) flows and a commitment to collaborate on capital market connectivity between China and Singapore were the key outcomes in financial co-operation arising from the recent State Visit to Singapore by the President of ...
