Tag "Chinese yuan"
Yuan turbulence bolsters China’s liberalisation efforts
The PBoC decided in mid-2015 to weaken the peg to the US dollar, triggering a yuan devaluation and market turbulence, but also opportunities for investors.
Impacts of the yuan’s inclusion in the SDR currency basket
The IMF has now recognized the yuan as a global reserve currency but is the move largely symbolic? Last week, the IMF announced that the yuan (also called the renminbi)
Four opportunities await investors in China, despite slowdown
The main narrative in the last few weeks has made it appear that China’s economy is on the verge of collapse, but the reality is far from this. Opportunity is
Which countries are most exposed to China’s currency devaluation?
China’s decision to let the yuan depreciate last week came for a number of reasons, including being a needed boost for Chinese export industries. But there are two sides to
US, China at odds as IMF currency basket decision approaches
The Chinese yuan looks poised to join a symbolically important international currency basket but differences over its valuation remain between the US and China. US Treasury Secretary Jack Lew made
Kazakhstan Pegs Tenge to Foreign Currency Basket
Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will
