Advertise With Us
Sign up for our Newsletter
Join Our Directory
Open an Account

RMB

china

PBOC:The Central Parity of RMB against US Dollar Became More Market-based in 2015

08/01/2016(0)
Guest Commentator of CFETS The PBC improved the quotation mechanism of the central parity of RMB against US dollar on August 11, 2015, for the purpose of having a ... Read More
Chinese-notes-RMB

The Launch of RMB Index Helps to Guide Public View of RMB Exchange Rate

14/12/2015(0)
Guest Commentator of CFETS,  Dec 11th, 2015 The China Foreign Exchange Trade System (also known as CFETS) has published CFETS exchange rate index on its website on December 11th. ... Read More
Swiss franc shock

China allows direct trade of yuan with Swiss franc

10/11/2015(0)
Move part of Beijing’s strategy to promote RMB as a global reserve currency alongside the dollar China‘s national foreign exchange market will introduce direct trading of the Swiss franc, ... Read More
RMB Chinese currency

RMB currency of choice for multinational deals

22/04/2015(0)
A report produced by Allen & Overy has found that more than half of multinationals use the renminbi for transactions outside China. This week’s release of the Generation ¥ ... Read More
Hong Kong Monetary Authority

Hong Kong Introduces RMB Liquidity Measures

04/11/2014(0)
The Hong Kong Monetary Authority (HKMA) has designated seven banks as Primary Liquidity Providers (PLPs) for the renminbi market (RMB) in Hong Kong and announced the provision of intraday ... Read More
china-yuan-pound-trading

Yuan to Start Direct Trading With Pound from tomorrow

18/06/2014(0)
China will allow the yuan to be exchanged directly for British pounds from tomorrow in Shanghai as the world’s second-largest economy promotes the use of its currency in global ... Read More
Broker Cyprus TopFX