• Monday
  • September 22, 2014
  • Last updated: 2:15pm
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 16 for renminbi

Search results

  1. 'No chance' of another one-off yuan revaluation

    Posted Jul 19th 2006, 12:00am by Staff Reporter

    ... Jane Cai Speculators should not get excited, official warns Authorities have ruled out another one-off revaluation of the yuan and warned speculators not to place 'huge bets' on faster appreciation of the currency. The mainland's foreign ex ...

  2. Preserve our currency autonomy

    Posted Apr 14th 2005, 12:00am by Tony Latter

    ... if the renminbi appreciated against it. But, if Hong Kong prices, whether for goods and services or for assets such as property and shares, were then perceived to be low by international comparison, ... any adjustment against the US dollar by the renminbi. But why? And if it did so now, what would the strategy be further ahead? To hold a constant rate with the renminbi forever? That would ...

  3. Saving itself

    Posted Nov 12th 2011, 12:00am

    ... into play. Beijing is feeling the heat from American officials putting pressure on China to end its policy of massive market intervention designed to artificially suppress the value of the renminbi ... free market practices. In return for buying euro bonds, any such declaration by Europe's leaders would give Beijing breathing space should the renminbi issue be again raised by American ...

  4. Beijing and its shrinking fistful of US dollars

    Posted Aug 15th 2011, 12:00am

    ... lost value, so too did the total assets of the US. But against it, the renminbi was gaining value, and so too were all of China's assets. The Chinese economy is strong, Cao said. 'As our renminbi strengthens, we may gain more in the value of our domestic assets than we lose in offshore dollar-denominated ones.' Cao said China needed to adjust the dollar's share ...

  5. Global uncertainty to hit growth

    Posted Apr 03rd 2008, 12:00am by Peter So

    ... 'Inflationary pressures are still building up due to the continued weakening of the US dollar and the concurrent strengthening of the renminbi,' Dr Siu said. He said the inflationary pressures ...

  6. America's hidden agenda?

    Posted Sep 13th 2003, 12:00am by Laurence Brahm

    ... The international media has been awash with speculation from institutional investors and analysts over a possible renminbi revaluation. In advance of US Treasury Secretary John Snow's ... productively because of the limitations on renminbi banking and convertibility. Before China moves to revalue, a far more realistic scenario would be to first make the yuan and Hong Kong dollar fully ...

  7. Blood money

    Posted Oct 31st 2011, 12:00am

    ... The government's first argument is that the reserves are the property of the central bank, which 'purchased' them from the people 'by issuing renminbi to them'. Here the idea ... the amount of foreign exchange that must be converted into renminbi- has nothing to do with export earnings, so there's no relation to the 'sweat and blood money'. Yet these monetary ...

  8. Economy and stability at risk without faster rise in yuan, Bernanke warns

    Posted Dec 16th 2006, 12:00am by Jamil Anderlini

    ... of the renminbi, combined with a wider trading band and with the ultimate goal of a market-determined exchange rate, would allow an effective and independent monetary policy and thereby help to enhance ... appreciation of the renminbi could lead to excess capacity in those industries, resulting in low returns and an increase in non-performing loans'. US politicians have long called on China to allow ...

  9. Snow revives speculation over yuan revaluation

    Posted Feb 17th 2004, 12:00am by Staff Reporter

    ... that the renminbi has a chance to appreciate in the near future,' said one dealer. Mr Snow was speaking less than a week after finance ministers from the Group of Seven again called for 'major ...

  10. Swap rate indicates quicker yuan gains

    Posted Dec 19th 2006, 12:00am by Staff Reporter

    ... Maria Chan Hong Kong's newly launched yuan swap rate showed a negative interest rate on three-month tenure, reflecting expectations that the speed of yuan appreciation will be quicker in the next three months than in the longer term. The Treasury Markets Association, which was formed at the behest the Hong Kong Monetary Authority last year, yesterday launched the renminbi swap ...




SCMP.com Account