Tag Archives: CNH

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 investment

Chinese Yuan (CNY) was in newspaper headlines in past few days. Singapore is fast becoming an important hub for offshore Chinese Yuan (CNH) after Hong Kong. Yuan deposits in Singapore grew 70% to about 200 billion yuan (approx. S$40 b) … 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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Chinese Yuan against USD and SGD

American politicians have always maintained that Chinese Yuan (CNY) is undervalued, thus resulting in Chinese exports having unfair advantage over other countries’ exports. Has the Chinese central bank taken action to address this concern? Let’s take a look at US … Continue reading

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Foreign Currency Time Deposit/Fixed Deposits

Interest rate for Singapore dollar fixed deposit/time deposit for a year tenor is 0.25% per annum (Source: OCBC) Interest rates for different foreign currency time deposits (using same amount S$50,000 and one year tenor) are: Australian dollar: 4.025% New Zealand … Continue reading

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