China’s bid to have the renminbi included in the IMF’s Special Drawing Rights basket now has support from the head of the IMF and the US Treasury Secretary.
Tag: RMB internationalisation
HKEx: Despite a wild ride, the Connect has been mainly successful
Nearly one year after launch, the Stock Connect has largely been a success in terms of what regulators set out to do, though much more needs to be done, according to Tae Yoo, head of client business development in the global markets division for the Hong Kong Stock Exchange.
CCB lists RMB-denominated ETF in Paris
China Construction Bank has launched an renminbi-denominated money market exchange traded fund on Euronext Paris.
