Total Derivatives: CNY bid on IMF upgrade

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Total Derivatives: CNY bid on IMF upgrade

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CNY swaps have been better bid as the International Monetary Fund's upgraded economic outlook for China has more than offset the post-holiday improvement in liquidity conditions. Hong Kong dollar swaps also picked up a bid as the market responded to the Occupy Central pro-democracy protests, writes Deirdre Yeung of Total Derivatives.

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