CNY Forwards Pitched Amid Interest Rate Liberalization Talk

05 Jun 2013

Investors should be looking at buying China yuan non-deliverable forwards in anticipation of further liberalization of China’s benchmark interest rate. According to one senior fx structurer in Hong Kong, the move to liberalize the interest rate benchmark could add greater volatility to the country’s fx rate.

Investors should be looking at buying China yuan non-deliverable forwards in anticipation of further liberalization of China’s benchmark interest rate. According to one senior fx structurer in Hong Kong, the move to liberalize the interest rate benchmark could add greater volatility to the country’s fx rate.

China’s National ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial