All posts tagged "RMB"
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399Capital / LiquidityPBOC Lowers Forex Reserve Requirement for Banks
The move is aimed at slowing the depreciation of the yuan, which has recently fallen to a one-year low against the dollar.
April 26, 2022 -
541China
China Simplifies Overseas Bond Issuance for Domestic FIs
More streamlined filing and registration procedures and timely submission of issuance information will improve the efficiency of the use of foreign debt funds, the PBOC said.
January 5, 2022 -
431Hong KongHong Kong Announces Initiatives to Bolster Financial Hub Status
Chief Executive Carrie Lam announced measures to improve the stock market listing regime and enable RMB-denominated securities in Hong Kong.
October 7, 2021 -
415ChinaHong Kong Capital Market to Increase Use of RMB
HKMA chief Eddie Yue speaks of expanding the use of the RMB in Hong Kong stock market trading and a multi-year programme to enhance the CMU.
October 3, 2021 -
317Securities / DerivativesDeutsche to Move Pricing Engine for EM Currencies to Singapore
The move is in part aimed at increasing algorithm capacity for trading Chinese yuan, the most heavily traded emerging market currency.
April 21, 2021 -
431ChinaPBOC Researchers Call for Establishment of Yuan Futures Market
Offshore RMB rates are becoming increasingly influential, suggesting that they will play an even bigger role in pricing in future.
April 12, 2021 -
279China
PBOC Tightens Rules on Managing Customer Funds for Payment Firms
Customer reserve funds must be deposited either at the PBOC or with an eligible commercial bank, and transferred only through a clearing institution.
January 28, 2021 -
388ChinaChina Enhances Market Maker Rules for Interbank FX Market
SAFE has lowered the entry threshold for firms looking to participate in market making in the interbank foreign exchange market.
January 14, 2021 -
302China
China Revises Upper Limit on Overseas Lending, Borrowing
The PBOC and SAFE have adjusted the upper limits on overseas lending and borrowing by domestic enterprises, as the RMB trades at its highest levels since mid 2018.
January 8, 2021 -
827China
China Relaxes Restrictions on Cross-Border RMB Business
Domestic banks can open personal RMB accounts for Hong Kong and Macau residents, which can be used to receive up CNY 80,000 daily from same name accounts.
January 6, 2021
