Triennial Central Bank Survey 2013 reports Singapore 3rd largest foreign exchange trading centre displacing Japan. Hong Kong at 5th place. Singapore Dollar market share drops to 15th place.
Corruption, black market and difficulty of managing currency in imperial China As a Chinese history buff, the period that most fascinates me is the rule of Emperor Yongzheng (1722 – 1735). He was a very hardworking administrator who arguably died of overwork. During his relatively
Renminbi investment cannot be timed with technical analysis. Price action points to a controlled currency driven by fundamentals or policy.
This amazing chart belongs to the Chinese Renminbi, China’s currency CNY. Over the last 8 years, the Renminbi gained 25%.
Hong Kong Monetary Authority and People’s Bank of China created offshore Renminbi CNH to give investors outside China exposure to its currency. In Singapore there are ways to trade/invest in the Chinese currency.