“Right now with the fx forwards and the CNH deposit rate and money market rate, it’s more like a chicken and egg question, who is pricing who?” May 24, 2013 06:09 PM LinkedIn X Show more sharing options Copy Link URLCopied! Print LinkedIn X —Charles Feng, regional head of fx, rates and credit trading for North East Asia at Standard Chartered in Hong Kong, on how the new offshore China yuan HIBOR will inject greater transparency into the fx forward market.