FX turnover drives rebound in StanChart RMB index
Larger trading volumes in offshore renminbi (CNH) as a result of the currency’s erratic behaviour delivered a rise in Standard Chartered Renminbi Globalisation Index in January, helping to offset falls in deposits and dim sum bonds.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts