China Tightens Rules on RMB Buying and Selling
China's central bank and market regulator issue new rules clarifying what RMB can be legally bought and sold, targeting speculation and fraud.
Tag
6 articles
China's central bank and market regulator issue new rules clarifying what RMB can be legally bought and sold, targeting speculation and fraud.
China's 15 billion yuan bond issuance in Hong Kong drew 4.67x oversubscription, advancing RMB internationalization and Hong Kong's financial hub role.
China's RMB exchange rate shows resilience with two-way fluctuations and steady rise, supported by a weak dollar and strong domestic fundamentals.
CSRC launches 10 measures to enhance Chinese indices and assets globally, as Hong Kong debuts the world's first offshore RMB treasury bond futures.
Stanbic Bank Kenya launches RMB clearing via CIPS, making Kenya the sixth African market on China's payment system.
The Chinese yuan hits a three-year high against the US dollar. Analysts debate the trajectory as Goldman Sachs forecasts 6.5 per dollar.