NDFs Price In More Yuan Appreciation

20 Apr 2010

The non-deliverable forwards market has been pricing in greater yuan appreciation against the U.S. dollar on the back of increasingly strong indications that China will de-peg its currency from the dollar and subsequently allow its currency to strengthen over time.

--Daniel Flatt

The non-deliverable forwards market has been pricing in greater yuan appreciation against the U.S. dollar on the back of increasingly strong indications that China will de-peg its currency from the dollar and subsequently allow its currency to strengthen over time.

Twelve-month USD/CNY non-deliverable forwards today were trading at ...

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