RMB round-up: Hong Kong RMB deposits pick up, strong FX trading in China market in June, StanChart RMB index falls to 2014 lows

In this round-up, Hong Kong saw RMB deposits, trade and clearing pick up, foreign exchange trading in China as direct trading of Korean won and South African rand is launched, and Standard Chartered’s RMB Globalisation Index (RGI) fell to its lowest since August 2014. Plus, a recap of our coverage this week.