HSBC move makes Chinese Yuan “more tradable”

March 30, 2011
WSJ

 

 HSBC move makes Chinese Yuan “more tradable”: Hongkong and Shanghai Banking Corp has launched an offshore currency index for the Chinese renminbi yuan which, while only a microfraction of current global foreign exchange trade volume, certainly makes the yuan “more tradeable.” It also is a step that strengthens confidence in the yuan as an international trading medium. http://blogs.wsj.com/exchange/2011/03/30/hsbc-launches-offshore-yuan-index/



Category:

For more information

For more information or to schedule a speaking engagement, please use our Contact form.

Mailing Address:
1307 Westgrove Blvd.
Alexandria, Virginia 22307

Phone Number:
703-768-5105