RMB Approaching 6.8
The RMB has depreciated further and appears likely to flirt with the 6.8 level as the CNH already stands at 6.79. Though Chinese regulatory and...
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Structural Drivers of RMB Depreciation
As the People’s Bank of China continues to allow the RMB to depreciate, it bears revisiting what specifically is driving this process and the...
276 Views
China's Debt-To-Equity Swap Speeded Up; Not a Positive Sign for Banks Despite Relatively Small Scale
Following the release of the long-awaited guidelines on banks’ debt-to-equity swaps, or DES, by the State Council, several DES plans were announced...
216 Views
How Important Is the 6.7 Barrier for the RMB?
Now that the RMB has breached 6.7 there are questions about the future of the RMB and whether this signals the breaching of a key resistance line...
293 Views
What's Happening with Chinese FX Reserves?
Foreign exchange reserves in China continued to fall in august, though at a slow pace. Reserves decreased to $3.19 trillion in August, a $15.89...
263 Views