Offshore Renminbi – Better times ahead

By Kelvin Lau, Becky Liu, Chidu Narayanan

 

SUMMARY

Things are looking up for Renminbi internationalisation in 2018. The CNY has been off to a strong start to 2018, and barring a full-fledged trade war, it is expected that the Chinese authorities will allow further CNY appreciation against a weak USD backdrop while keeping the CNY basket value steady. The Dim Sum bond market is expected to have a revival as gross issuance picked up evidently in January.

 

Please click HERE to read more.

747 Views0 Comments

Comments