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  • October 1, 2014
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Results 1 - 9 of 9 for renminbi

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  1. Burning issue

    Posted Oct 13th 2011, 12:00am

    ... for by regular trade alone. I suspect much of it can be explained by people abandoning the Hong Kong dollar and opting for renminbi assets via underground channels in southern Guangdong. So, I say, ... printing presses? When can we finally be rid of the Hong Kong dollar and use the renminbi instead? Adopting the renminbi as the official currency in Hong Kong has many other benefits, aside from ...

  2. Business - Money - CURRENCIES

    China plans greater yuan flexibility

    Posted Dec 22nd 2012, 12:00am by Bloomberg

    ... loans, according to the editorial, which was also posted on the main central-government website. "The long-run policy of the Chinese government is to increase flexibility of the renminbi, so ... government's view seems to be now that the renminbi is close to its fair value, there are lower risks allowing more movement." The mainland's new leadership, headed by incoming president Xi ...

  3. Hong Kong's US dollar peg remains the least of all evils

    Posted Oct 21st 2011, 12:00am

    ... say 'link to the renminbi', but the mainland currency itself is pegged, and it is unlikely to be fully, freely convertible for many years. I can see the logic of adopting the renminbi one day when the mainland has opened up and we have integrated with it. But we can probably leave that option for the next generation. Others say we should peg to a basket of currencies. ...

  4. Business - Money - ECONOMY

    Cash dam reopened to flush out hot money

    Posted Dec 22nd 2012, 12:00am by Eric Ng

    ... investors can also gain exposure to the mainland stock market by converting Hong Kong dollars into yuan and buying yuan-denominated stock funds under the renminbi qualified foreign institutional ...

  5. 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 ...

  6. Fed rate rise 'may burst property bubble'

    Posted Jun 11th 2004, 12:00am by Staff Reporter

    ... regime, it must follow the Fed in its interest rate policy, as the country is sitting on a massive amount of speculative capital that came on the expectation of renminbi appreciation.' ...

  7. Don't put off price reform because of inflation fears

    Posted Jun 16th 2011, 12:00am

    ... policy. Arguments for a tighter monetary policy in China are well known and obvious. Given the persistent external pressure for renminbi appreciation, as well as the resistance of the property ...

  8. Rising to the challenge

    Posted Dec 30th 2010, 12:00am by Staff Reporter

    ... deregulation is a key element of financial reform which includes renminbi convertibility. From that perspective, the 'pool' should be viewed as a host of measures which are aimed at draining ...

  9. Slow down tiger

    Posted Jan 13th 2005, 12:00am by Mark O'Neill

    ... of China's economy over the coming year. A growth rate slightly slower than last year's of about 8 per cent, an increase in foreign trade of more than 20 per cent, a revaluation of the renminbi ...



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