A yuan futures market would allow investors to buy or sell a certain amount of yuan at a set price at a specific time in the future. Photo: Reuters
China eyes domestic yuan futures market to help boost currency internationalisation
- Foreign-exchange market for the yuan would help investors better hedge against future exchange rate fluctuations by locking into a set price
- Creating a domestic centre for trading the yuan would be in line with China’s dual-circulation economic strategy to protect the country from external risks
Knowledge |
China Economy
A yuan futures market would allow investors to buy or sell a certain amount of yuan at a set price at a specific time in the future. Photo: Reuters
