People's Bank of China (PBoC)
PBoC sets daily renminbi fix at four-year low
The Central bank's move comes two days after China's premier said the currency was at an ‘equilibrium'; one analyst expects ‘more depreciation down the road'
China's premier says renminbi at ‘equilibrium’
Li Keqiang plays down the risk of further renminbi depreciation, vowing it will be ‘kept basically stable' at the prevailing rate in a move that may offer relief to hard-hit emerging market currencies
IMF freezes SDR, but will still decide on renminbi this year
Decision comes a week after historic yuan devaluation
Capital outflows prompt drop in China's reserves
Holdings fall $110 billion in Q1 as domestic investors look abroad and the PBoC defends the exchange rate; analysts say ECB quantitative easing is probably the real villain
China tipped to allow daily cross-border capital transfers
State council will permit foreign portfolio investors to repatriate money on a daily rather than weekly basis, according to reports
Renminbi set for more volatility, analysts say
More two-way volatility is expected and price swings could come close to those seen in the first half of 2014
Sydney becomes the latest renminbi-trading hub
The clearing arrangement follows the announcement of a major free-trade agreement, alongside Australia gaining further access of $8 billion to China's capital markets
PBoC designates renminbi-clearing banks for France and Luxembourg
Bank of China and the Industrial and Commercial Bank of China to serve the offshore RMB markets of the two countries
London set to become dominant RMB hub
Three cities will beat off competition from other financial centres
RMB cash management in limbo as market awaits PBoC guidelines
Banks eager to offer two-way sweeping accounts throughout China, but rules not in place
RMB exchange-rate freedom for Chinese banks
Chinese central bank also widens RMB trading band
Corporates get ready to hedge renminbi risk
Uptick in renminbi volatility brings more corporates to hedging market
GBP/RMB launch a boon to London
PBoC approves HSBC and Standard Chartered as market-makers in GBP/RMB
MAS to offer overnight renminbi liquidity
Monetary Authority of Singapore says it will launch an overnight liquidity facility for the Chinese currency in July – latest step in growth of offshore market
China Construction Bank set to become London renminbi clearer
Announcement due during Chinese premier's UK visit next week
Three-quarters of RMB participants feel depreciation pain
RMB volatility rises as PBOC forces currency down against USD
RMB convertibility will be catalyst to offshore trading, say bankers
Buy-side firms will remain reticent in using renminbi until it becomes a fully convertible currency, despite the progress that has been made in recent months
Corporates and investors need confidence to tap offshore RMB, say banks
As the internationalisation of renminbi continues to gain traction, buy-side engagement in the currency varies significantly across geographies and sectors
Progress of RMB internationalisation ‘spectacular’, says SFC official
Speaking at the FX Week Asia conference, deputy chief executive of Hong Kong regulator highlights the importance of continuing to internationalise China's currency
Renminbi swap line expected to boost CNH liquidity
The recent agreement on a swap line between the UK and China will be a positive step for the nascent offshore renminbi market, although questions remain over how it will work
Thomson Reuters launches real-time FX data for RMB
Traders get access to collective volume data for offshore and onshore renminbi for the first time
France leads eurozone in Chinese renminbi payments
Aims to promote Paris as an international hub for the renminbi are paying off, as France sees a 249% increase in yuan-denominated transactions
Direct trading kicks off in Australian dollar and Chinese yuan
China allows direct trading between the yuan and Australian dollar to deepen financial links between the two countries and improve price transparency
Singapore eyes regional hub status for offshore RMB
Addressing ACI Congress delegates, deputy prime minister and chairman of the Monetary Authority of Singapore talks up Singapore’s ability to facilitate the growth of renminbi trading outside China