Consequences of a Volatile Yuan. A “butterfly effect” in the making? [1]
The gradual slowdown of economic activity in China marks the focus of January 2016 IMF World Economic…
Reserve currency status does not last forever. Euro/RMB: competing for second place?
2013 marked a return of investor confidence in euro area financial markets. Capital inflows to the euro…
The Offshore RMB Market: Start of the Yuan Liberalization?
by Alberto Forchielli and Alberto Pagliarini Hong Kong RMB deposits have hit RMB130bn in August 2010, up from RMB100bn just…
From Ruble with Love
The Rmb’s internationalization speeds up and goes north-west, headed to Moscow. There, the interbank foreign exchange market of…
Gold Acts as Prozac
Uncertainty suggests caution, prudence, and gold. You need a shelter, when it rains or pours. To purchase currencies is risky,…
Yuan in New York
You should not “think the unthinkable” to understand the negotiability of the Renmimbi in New York. Since this week,…