Tag Archives: SGDCNY

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 strengthened

Since the start of this year, Chinese Yuan (CNY) had strengthened against US dollar (USD) and Singapore dollar (SGD). The jump was more pronounced since two weeks ago, especially for SGD against CNY.   1 Jan 2013 7 May 2013 … 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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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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