• Saturday
  • April 19, 2014
  • Last updated: 1:52am
Hong Kong

Humidity 

UV 

Pollution 

Search Results

Results 1 - 10 of 222 for currency

Related topics matching your search

Search results

  1. 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
  2. Business - Banking & Finance

    Central banks' investment in yuan puts currency nearer reserve status

    Posted Apr 07th 2014, 04:38am by Jeanny Yu

    ... Jeanny Yu in Singapore jeanny.yu@scmp.com Investment by dozens of central banks comes despite currency not being fully convertible Yuan moves fast on path to reserve status, says StanChart At least 40 central banks have invested in the yuan and several others are preparing to do so, putting the mainland currency on the path to reserve status even before full convertibility, Standard ...

    http://www.scmp.com/business/banking-finance/article/1466621/central-banks-investment-yuan-puts-currency-nearer-reserve
  3. Business - Banking & Finance

    Yuan overtakes euro to become second-most used finance currency

    Posted Dec 04th 2013, 05:27am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Yuan takes No 2 spot in trade finance The yuan has surpassed the euro to become the second-most commonly used currency in global trade finance, after the US ... yen. "The [yuan] is clearly a top currency for trade finance globally and even more so in Asia, as shown by Swift's business intelligence statistics on the pace at which China's ...

    http://www.scmp.com/business/banking-finance/article/1372353/yuan-overtakes-euro-become-second-most-used-finance
  4. Business - Economy - CURRENCIES

    Does the yuan matter?

    Posted Mar 24th 2014, 09:08am by Derek Scissors

    ... Derek Scissors With China's closed capital account, the most important factor for its economic partners is the country's financial subsidies rather than its currency policy Does the yuan matter? The mainland's currency policy is not worth the attention it is getting. It is not at all important compared with other market distortions in the Chinese economy, ...

    http://www.scmp.com/business/economy/article/1455980/does-yuan-matter
  5. Comment - Insight & Opinion

    Fall in yuan can have upside, too as credit risk can be properly priced

    Posted Mar 01st 2014, 04:35am by SCMP Editorial

    ... SCMP Editorial Fall in yuan can have upside, too Beijing has served notice that speculation in the Chinese currency is no longer a one-way bet. The market is coming to terms with the fact ... range. As a result, the yuan was the worst performing currency in emerging Asia last month rather than the most attractive carry-trade bet, with the drop offshore forcing many investors to close ...

    http://www.scmp.com/comment/insight-opinion/article/1437611/fall-yuan-can-have-upside-too-credit-risk-can-be-properly
  6. Business - Economy

    Yuan slips in ranking as a world currency

    Posted Oct 09th 2013, 12:00am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Yuan slips in ranking as a world currency Inbound and outbound yuan payments by entities outside of Hong Kong and the mainland fell to a four-month low in August, as fewer people chose to settle deals using the currency, especially in London and Singapore, according to financial clearing firm SWIFT. The yuan lost ground to the Thai baht to rank ...

    http://www.scmp.com/business/economy/article/1327559/yuan-slips-ranking-world-currency
  7. Business - Economy

    Not just about currency appreciation anymore

    Posted Sep 23rd 2013, 12:00am by Jasper Moiseiwitsch

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Not just about currency appreciation anymore Most Hongkongers have experienced the yuan story in terms of their investments. Initially, ... biggest offshore yuan trading hub, and it quickly acquired all the accoutrements of a fully fledged currency market, including foreign-exchange futures, deliverable forwards, a yuan money market ...

    http://www.scmp.com/business/economy/article/1315534/not-just-about-currency-appreciation-anymore
  8. Business - Economy - MONITOR

    The yuan is falling, but only because Beijing wants it to

    Posted Mar 03rd 2014, 02:59am by Tom Holland

    ... Tom Holland Despite talk of a greater role for market forces, the currency is still far from freely floating with constant interventions from the central bank The yuan is falling, but only because Beijing wants it to It is hard to fathom quite why so many people have been surprised by the recent fall in the value of the yuan. Over the past couple of weeks, the mainland currency has ...

    http://www.scmp.com/business/economy/article/1438811/yuan-falling-only-because-beijing-wants-it
  9. Business - Banking & Finance

    Yuan still rising based on real effective exchange rate, ministry says

    Posted Mar 19th 2014, 01:26am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Ministry official says recent fluctuations are normal in the face of exchange rate reform Currency still rising based on REER Despite ... the central government had weakened the currency to aid exports. A currency's real effective exchange rate is used to measure international price and cost competitiveness, as adjusted ...

    http://www.scmp.com/business/banking-finance/article/1451854/yuan-still-rising-based-real-effective-exchange-rate
  10. Business - Banking & Finance - MR. SHANGKONG

    Is the market reform a true 'win-win' for Shanghai and Hong Kong?

    Posted Apr 14th 2014, 05:07am by George Chen

    ... currency and the Hong Kong dollar, a legacy of the city since its colonial days. In other words, the days for the Hong Kong dollar are numbered. We don't know when this may happen, ...

    http://www.scmp.com/business/article/1481111/market-reform-true-win-win-shanghai-and-hong-kong

Pages

Login

SCMP.com Account

or