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RMB
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Exchanges
MOEX, China Foreign Exchange Trade System Sign MoU
The MoU will aim to facilitate collaboration and to unify the liquidity pools for trading with the RMB/RUB.
Tuesday, 19/11/2019 | 10:59 GMT
by
Jeff Patterson
Payments
SWIFT Tracker Underscores Continued Decline in RMB Usage in 2018
The data reveals a continued decline of the RMB in terms of domestic and international payments by value
Friday, 30/03/2018 | 09:32 GMT
by
Jeff Patterson
Execution
RMB Usage Continues to Decline, UK Ranks as 2nd Largest Clearing Center
RMB usage has failed to grow over the past year, declining by 32% since January 2016.
Friday, 23/02/2018 | 10:16 GMT
by
Jeff Patterson
Execution
SWIFT Report Signifies Sluggish 2017 for China’s RMB
The report illustrates the currency’s struggle to gain momentum over the course of 2017, and addresses its future outlook.
Thursday, 01/02/2018 | 11:56 GMT
by
Finance Magnates Staff
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Execution
RMB Usage Holding Steady in January, Unable to See Growth – SWIFT Data Shows
The RMB could not overtake the CAD in terms of usage, falling by nearly 3% on a month-over-month basis in January.
Thursday, 23/02/2017 | 13:50 GMT
by
Jeff Patterson
Execution
RMB Usage Tanks in 2016, Falling to Sixth Most Utilized Currency by Payments
RMB usage dove nearly -30.0% YoY in 2016, with a slowing Chinese economy driving this trend.
Thursday, 26/01/2017 | 11:52 GMT
by
Jeff Patterson
Exchanges
SGX’s November Renminbi Futures Strike All-Time High Amidst Volatility
The SGX's latest volumes show a strong uptick in USD/CNH futures contracts MoM.
Friday, 02/12/2016 | 18:52 GMT
by
Jeff Patterson
Execution
RMB Usage Sees Decline in October, Falls to Sixth Most Utilized Currency
The RMB has lost ground in the international payments realm, falling to the 6th spot, behind the Canadian dollar.
Wednesday, 23/11/2016 | 14:34 GMT
by
Jeff Patterson
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Execution
RMB Usage Rises in September, Overtaking Key Metrics, SWIFT Data Shows
57 countries have now broken a 10% threshold by RMB usage for direct payments, its highest figure ever.
Thursday, 27/10/2016 | 18:31 GMT
by
Jeff Patterson
Trading
Bitcoin Price Volatility Returns due to Chinese RMB Devaluation
After being stuck for a while in a range around the $610 price level, Bitcoin jumped as high as $640.
Thursday, 13/10/2016 | 11:25 GMT
by
Avi Mizrahi
Execution
SCB China Launches Direct Trading for UAE, Saudi Currencies
The bank has launched a direct trading business for RMB/AED and RMB/SR due to the currency's increasing role in trading.
Thursday, 29/09/2016 | 14:36 GMT
by
Finance Magnates Staff
Execution
RMB’s Global Payments Share Holds Steady in August, SWIFT Data Shows
The UAE has seen a strong growth in RMB usage in August, while the currency has held its top 5 spot for global payments.
Tuesday, 27/09/2016 | 10:11 GMT
by
Jeff Patterson
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Exchanges
ASX Augments Securities Capabilities via New RMB Depository Service
The new service allows Austraclear participants to settle and hold RMB-denominated securities, expanding its existing suite.
Thursday, 08/09/2016 | 13:24 GMT
by
Jeff Patterson
Analysis
Joining the VIP Club: Implications of RMB Becoming an IMF Reserve Currency
Finance Magnates examines how the IMF adding the RMB to its SDR currencies basket could affect the trading industry.
Wednesday, 31/08/2016 | 12:11 GMT
by
Avi Mizrahi
Payments
RMB Sees Increase in Global Usage, South African Market Penetration
The RMB continued to see a strong market penetration in South Africa over the past two years, Swift data shows.
Wednesday, 24/08/2016 | 13:28 GMT
by
Jeff Patterson
Execution
ICBC Integrates SWIFT’s Watch Analytics Suite for its Regional, RMB Agenda
ICBC is looking to achieve a number of new capabilities with the assimilation of SWIFT's Watch capabilities.
Friday, 12/08/2016 | 06:40 GMT
by
Jeff Patterson
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Analysis
The Golden Era: China’s New RMB-Denominated Gold Benchmark
Understanding how Gold is deeply rooted in Chinese culture and looking at the gold trading industry closer than ever before.
Monday, 08/08/2016 | 14:34 GMT
by
Sylwester Majewski
Payments
RMB’s Global Payments Share Declines in June, SWIFT Data Shows
RMB usage fell to the sixth most utilized in the world after the CAD in June.
Thursday, 21/07/2016 | 13:41 GMT
by
Jeff Patterson
Payments
RMB Adoption Stagnates in US in May, SWIFT Data Shows
RMB usage in the US was a mixed bag, despite retaining its spot as the 6th most utilized world currency.
Tuesday, 28/06/2016 | 18:43 GMT
by
Jeff Patterson
Exchanges
Thomson Reuters HKEX Renminbi Currency Index Series Launch Co-Branded
HKEx and Thomson Reuters team up on launch of co-branded RMB indexes.
Thursday, 23/06/2016 | 10:53 GMT
by
Steven Hatzakis
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Exchanges
Poland’s WSE Inks Deal with Haitong Bank as Chinese Delegates Visit Warsaw
WSE also inks deal with Chinese Securities Association of Hong Kong amid visit.
Monday, 20/06/2016 | 13:08 GMT
by
Steven Hatzakis
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