Tag Archives: Chinese Yuan

Nikko AM China Onshore Bond Fund (CNH)

On 10 September 2014, Nikko Asset Management (Nikko AM) launched a bond fund called “Nikko AM China Onshore Bond Fund CNH”. It is denominated in CNH (Offshore Renminbi RMB), the offshore equivalent of Chinese Yuan CNY. This fund invests primarily … Continue reading

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Chinese Yuan weakened

Chinese Yuan (CNY) weakened since June 2012 against Singapore dollar. The currency rate Singapore dollar (SGD) against CNY was 4.9281 on 1 June 2012 (i.e. 1 Singapore dollar can exchange for 4.9281 Chinese Yuan) During last trade on Friday, 10 … Continue reading

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Potential of Chinese Yuan

Chinese Yuan (CNY) had been in the news recently. Since 1 June, Chinese Yuan and Japanese Yen can be directly traded in both Tokyo and Shanghai financial markets. There is no need for an intermediate currency such as the US … Continue reading

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