• Wednesday
  • November 26, 2014
  • Last updated: 4:09pm
Hong Kong

Humidity 

UV 

Pollution 

Search Results

Results 1 - 10 of 141 for currency

Related topics matching your search

Search results

  1. Comment - Insight & Opinion

    Price volatility signals the yuan is closer to becoming a global currency

    Posted May 05th 2014, 03:01am by GORDON FRENCH

    ... Gordon French Gordon French says even with the current capital controls, it has become an attractive asset Price volatility signals the yuan is closer to becoming a global currency The recent dip in the value of the Chinese currency surprised many in the markets, but it shouldn't have. The renminbi occupies a position all of its own: it might be the key accessing ...

    http://www.scmp.com/comment/insight-opinion/article/1504280/price-volatility-signals-yuan-closer-becoming-global
  2. Comment - Insight & Opinion

    March of renminbi as global currency has passed the point of no return

    Posted May 06th 2014, 05:15pm by CARMEN LING

    ... Carmen Ling Carmen Ling says political will remains a key driver even if China's massive economy is slowing March of the yuan as global currency has passed the point of no return ... it's clear that renminbi internationalisation is a one-way train, and the question is its speed, not direction. Political push is one of the four key elements needed to take a currency global, ...

    http://www.scmp.com/comment/article/1505765/march-renminbi-global-currency-has-passed-point-no-return
  3. 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
  4. Business - Banking & Finance - CURRENCIES

    New Zealand-China currency deal to boost bilateral investments

    Posted Mar 26th 2014, 05:29am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Direct conversion between the kiwi and the yuan will further encourage bilateral investments beyond dairy products to health care and aviation NZ-China deal to boost trade The recent deal with China to allow direct trading bet ...

    http://www.scmp.com/business/banking-finance/article/1457351/new-zealand-china-currency-deal-boost-bilateral-investments
  5. Business - Banking & Finance - JAKE'S VIEW

    Swift too quick to hail yuan as a major currency in trade finance

    Posted Dec 05th 2013, 06:00am by Jake Van Der Kamp

    ... to conclusion on yuan's usage The yuan has surpassed the euro to become the second most commonly used currency in global trade finance, after the US dollar. Yuan usage in trade finance grew to 8.66 ... another bar chart showing a ranking of currencies by value of worldwide payments. In this one, the yuan was No 12 with only a 0.84 per cent worldwide share, slightly behind the Thai baht ...

    http://www.scmp.com/business/banking-finance/article/1373177/swift-too-quick-hail-yuan-major-currency-trade-finance
  6. Business - Banking & Finance - REGULATION

    Central bank raises hope for more currency reform

    Posted Nov 20th 2013, 01:52pm by Reuters

    ... Reuters in Beijing And limits on iPBOC will gradually expand the yuan's trading band to help make the currency more flexible and market-driven, says Zhou Xiaochuan Central bank raises hope for more currency reform With a shift in tone and language, the central bank governor has dangled the prospect of speeding up currency reform and giving markets more room to set ...

    http://www.scmp.com/business/banking-finance/article/1361068/central-bank-raises-hope-more-currency-reform
  7. Business - Banking & Finance

    Currency caution

    Posted Oct 19th 2013, 03:12am by Reuters

    ... for eventual liberalisation Currency caution China's tolerance for a sustained yuan rally is reinforcing its commitment to wean the economy off export dependence, but its unapologetic market meddling to hold back the pace of appreciation shows deep wariness of currency liberalisation. The decision by the People's Bank of China (PBOC) to allow market forces to push the yuan up more ...

    http://www.scmp.com/business/banking-finance/article/1334821/currency-caution
  8. Business - Banking & Finance

    Strengthening yuan signals more currency flexibility on the way

    Posted Aug 07th 2013, 10:21am by Jeanny Yu

    ... Jeanny Yu Appreciation to record level yesterday to dent competitiveness of exports as growth slows Yuan strength signals more currency flexibility The yuan rose to its strongest level against the US dollar in nearly two decades yesterday, highlighting Beijing's determination to roll out more reforms to make its currency more flexible despite the short-term headwinds ...

    http://www.scmp.com/business/economy/article/1294908/chinas-yuan-hits-19-year-high
  9. Comment - Insight & Opinion

    Currency reforms won't be stalled by yuan volatility

    Posted May 30th 2013, 12:00am by JU WANG

    ... Ju Wang Ju Wang assesses efforts to curb speculation amid the liberalisation drive Currency reforms won't be stalled by yuan volatility The renminbi has experienced increasing volatility in recent weeks in light of new regulations and strong inflows that have seen the currency touch record highs versus the US dollar. This highlights the interesting challenge faced ...

    http://www.scmp.com/comment/insight-opinion/article/1249133/currency-reforms-wont-be-stalled-yuan-volatility
  10. Business - Banking & Finance - CURRENCIES

    Yuan trade settlement value declines by 12pc in July

    Posted Aug 16th 2014, 01:06am by Jeanny Yu

    ... in particular surprised the market. Economists link the decline in yuan settlement to the depreciation of the currency in the first half and expect more companies to return to settling in yuan when the currency- also known as renminbi- is back on a steady appreciation track. "Corporates often choose to settle in renminbi if the currency is appreciating. Although the renminbi bounced back ...

    http://www.scmp.com/business/banking-finance/article/1574506/yuan-trade-settlement-value-declines-12pc-july

Pages

Login

SCMP.com Account

or