Image of foreign exchange currency shops showing the renminbi sign on 17 August 2018. Photo: SCMP/Felix Wong Image of foreign exchange currency shops showing the renminbi sign on 17 August 2018. Photo: SCMP/Felix Wong
Image of foreign exchange currency shops showing the renminbi sign on 17 August 2018. Photo: SCMP/Felix Wong

Traders are eyeing yuan proxies as risks linger that China’s central bank would step in to prop up the currency

  • Yuan proxies such as the Australian and New Zealand dollars are appealing
  • The Korean won, the Taiwan, Singapore and Hong Kong dollars are also popular

Topic |   Yuan
Image of foreign exchange currency shops showing the renminbi sign on 17 August 2018. Photo: SCMP/Felix Wong Image of foreign exchange currency shops showing the renminbi sign on 17 August 2018. Photo: SCMP/Felix Wong
Image of foreign exchange currency shops showing the renminbi sign on 17 August 2018. Photo: SCMP/Felix Wong
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