• Friday
  • July 25, 2014
  • Last updated: 11:59pm
Hong Kong

Humidity 

UV 

Pollution 

Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 149 for currency crisis

Related topics matching your search

Search results

  1. Business - Economy - CURRENCIES

    Risky times for fragile five currencies

    Posted Jun 25th 2014, 02:37am by Bloomberg

    ... Bloomberg in New York Rising oil prices have raised concern over the currencies of Indonesia, South Africa, India, Turkey and Brazil Risky times for fragile five After months spent working to erase their image as emerging markets to avoid, the Iraqi crisis and its influence on oil prices are putting the fragile five currencies back on investors' sell lists. The Indonesian ...

    http://www.scmp.com/business/economy/article/1539902/risky-times-fragile-five-currencies
  2. Business - Banking & Finance - CURRENCIES

    Yuan decades away from being global reserve currency

    Posted Apr 11th 2014, 10:18am by Victoria Ruan

    ... observers say the mainland currency has more often been chased by speculators than serving as a US dollar-type "safe haven". The central government has made clear its ambition to boost ... to further liberalise the market, before the yuan can become a global reserve currency. They estimate the process could take decades. Beijing has signed bilateral swap deals and set up offshore yuan ...

    http://www.scmp.com/business/money/article/1475607/yuan-decades-away-being-global-reserve-currency
  3. Business - Banking & Finance - CURRENCIES

    Beijing's QDII scheme to increase outflow of yuan stalls

    Posted Jul 23rd 2014, 01:33am by Jeanny Yu

    ... currency. But the qualified domestic institutional investor scheme is facing a setback: only 52 billion yuan (HK$64.9 billion) was held in QDII funds at the end of last month, the lowest level since ... financial crisis, according to a fund manager who declined to be named. Stefano Chao, investment manager at Shanghai-based AZ Investment Management, said the QDII scheme had been a victim of bad ...

    http://www.scmp.com/business/banking-finance/article/1557335/beijings-qdii-scheme-increase-outflow-yuan-stalls
  4. Business - Banking & Finance - CURRENCIES

    HKMA on alert as it defends peg in first currency market intervention in 18 months

    Posted Jul 03rd 2014, 02:08am by Enoch Yiu

    ... in currency markets for the first time in 18 months to defend the peg to the US dollar. The Hong Kong Monetary Authority bought US$2.1 billion to help curb the rise of the Hong Kong dollar against the greenback, after the local currency had been pushed to the upper limit of the range that triggers intervention to support the peg. Financial market volatility … could impact on our property market ...

    http://www.scmp.com/business/banking-finance/article/1545170/systemic-risk-answers-sought-hkma-intervenes-currency
  5. Business - Banking & Finance - CURRENCIES

    Yuan surges up currency rankings

    Posted Jun 28th 2014, 01:09am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Use of mainland currency in trade makes it No2 payment type between China and rest of world Yuan moves higher in globalrankings The yuan has become the second-most popular currency in cross-border transactions between China and the rest of the world, driven by its greater use in global trade and investment as offshore yuan hubs spring up, according ...

    http://www.scmp.com/business/banking-finance/article/1542085/yuan-surges-currency-rankings
  6. Business - Banking & Finance - CURRENCIES

    PBOC keeps yuan traders guessing as currency rallies

    Posted Jun 11th 2014, 01:15am by BLOOM

    ... traders guessing as currency rallies Mainland policymakers have been saying since February that two-way swings in the yuan are the "new norm". A surprise surge in the currency shows ... of a five-year rally. Looking ahead, we see the currency to remain at the current level JIAN CHANG, BARCLAYS ECONOMIST Just as traders got used to a declining yuan in recent months, the currency changed ...

    http://www.scmp.com/business/banking-finance/article/1529554/pboc-keeps-yuan-traders-guessing-currency-rallies
  7. Business - Banking & Finance - CURRENCIES

    China's foreign exchange regulator expects more capital outflows

    Posted Jul 24th 2014, 01:06am by Reuters

    ... are common in the world's second-biggest economy. Worried that a surge in funds entering or leaving the country may hurt its economy and complicate its monetary policy, the currency regulator ...

    http://www.scmp.com/business/banking-finance/article/1557731/chinas-foreign-exchange-regulator-expects-more-capital
  8. Business - Banking & Finance - CURRENCIES

    Deals put Switzerland on path to becoming a yuan hub

    Posted Jul 22nd 2014, 12:29am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Deals put Swiss on path to yuan hub Switzerland stepped closer to becoming an offshore yuan hub yesterday after it signed a bilateral currency swap agreement with the People's Bank of China and obtained a quota to invest in China's interbank bond market. The swap agreement enables yuan and Swiss francs to be directly purchased and repurchased between ...

    http://www.scmp.com/business/banking-finance/article/1557114/deals-put-switzerland-path-becoming-yuan-hub
  9. Business - Banking & Finance - CURRENCIES

    CCB's London clearing bank prize seen as a major yuan milestone

    Posted Jun 16th 2014, 03:07am by Jeanny Yu

    ... that every lender is vying for, especially in London, the largest foreign exchange trading centre for the currency apart from Hong Kong. Two-thirds of yuan trading conducted outside the mainland and Hong Kong are now through London, with spot trading volumes of the currency averaging US$2.5 billion a day, according to data from the City of London in October last year. "Agricultural ...

    http://www.scmp.com/business/banking-finance/article/1533605/ccbs-london-clearing-bank-prize-seen-major-yuan-milestone
  10. Business - Banking & Finance - CURRENCIES

    Delayed payments system stalls yuan’s global ambitions

    Posted Jul 09th 2014, 11:18am by Reuters

    ... quest to turn the yuan into a full-fledged global currency has hit a roadblock, as the planned roll-out of a worldwide payments superhighway looks certain to be delayed by policy snags ... the currency's use. A spate of agreements on yuan clearing with financial centres in Europe and Asia signed over the past month or so highlighted the importance of such a system for those ambitions. Yet ...

    http://www.scmp.com/business/banking-finance/article/1550191/delayed-payments-system-stalls-yuans-global-ambitions

Pages

Login

SCMP.com Account

or