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  • September 23, 2014
  • Last updated: 9:08pm
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Results 1 - 6 of 6 for renminbi

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  1. Business - Banking & Finance - REGULATION

    Central bank raises hope for more currency reform

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

    ... for the renminbi," he said. The yuan has risen this year to 6.09 per US dollar from 6.23 at the end of last year and hit a record high of close to 6.08 last month. However, there was little evidence of any ...

  2. Business - Banking & Finance - REGULATION

    Firms allowed to give yuan loans to overseas units

    Posted Jul 11th 2013, 12:00am by BLOOM

    ... Under the new rules, multinationals can cut costs by moving yuan freely via a money pool The mainland's central bank released rules allowing firms to move yuan abroad more freely as Beijing seeks to bolster global use of the currency. Companies could ...

  3. Business - Banking & Finance - REGULATION

    Rules eased on use of offshore yuan to invest in mainland markets

    Posted Jun 07th 2014, 01:13am by Reuters

    ... Reuters Rules eased on use of RQFII quotas Beijing has relaxed rules on how asset managers can use their quotas for investing in its domestic capital markets, according to a circular from the state market regulator. The changes should accelerate repatriation of offshore yuan funds to the mainland under the renminbi qualified foreign institutional investor scheme and improve ...

  4. Business - Banking & Finance - REGULATION

    Beijing cracks down on hot money inflows for bets on yuan appreciation

    Posted May 07th 2013, 12:00am by JANE CAI

    ... suspicion about false trade invoicing. HSBC economists said in a research note yesterday that the measures "suggest a level of tolerance [by the regulator] over the nature of renminbi appreciation has been breached, following a strong run for the yuan". The measures suggest a level of tolerance [by the regulator] over the nature of renminbi appreciation has been breached, ...

  5. Business - Money - REGULATION

    China stocks set to be cleared for Hong Kong investors

    Posted Mar 08th 2013, 12:00am by Daniel Ren

    ... Authority said it would keep in close contact with the mainland regulators to develop yuan businesses. The China Securities Regulatory Commission published a new rule governing the renminbi ... in Taiwan if the current renminbi clearing platform and the cross-strait financial co-operation further deepen." The expansion of the RQFII scheme will be followed by a decision to allow ...

  6. Business - Banking & Finance - REGULATION

    New rule to boost A shares, cross-border flows

    Posted Feb 27th 2013, 12:00am by Daniel Ren

    ... view, it's a necessary step towards free cross-border capital flows." Last year, Beijing massively expanded the renminbi qualified foreign institutional investor (RQFII) scheme, which ...



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