Offshore renminbi (CNH)
Renminbi trading in London increased nearly 50% in 2018
London consolidates its place as a centre of RMB trading as the internationalisation of the Chinese currency gathers pace
Singapore Exchange volumes more than double in 2018
Trading on-exchange picked up as US-China trade tensions flared and Fed hiked rates
CNH trading in London on the up in Q3
Amidst geopolitical tension,s offshore renminbi trading increased by double digits in Q3
CNH contracts on SGX break daily record in November
November was third-highest trading month for USD/CNH since contract began trading on the exchange
Best Banks Awards: HSBC
HSBC comes third at the 2018 FX Week Best Banks Awards with three wins, including the Best Bank for Renminbi
SGX hits high in USD/CNH futures
USD/CNH futures trading breaks multiple records on August 16 as renminbi drops to new lows
China’s FX reserves unexpectedly rose in July
Total reserves stockpile increases by $5.82 billion as the central bank stays on the sidelines
Renminbi payments hold steady in June – Swift
China’s currency keeps its fifth most-used currency spot for global payments, according to Swift
China’s FX reserves unexpectedly inch higher in June
Total reserves stockpile increases by $1.5 billion against the backdrop of a weaker yuan and escalating trade dispute
China FX reserves at seven-month low in May
PBoC figures show $14.2 billion decrease, bringing total reserves stockpile to seven-month low of $3.11 trillion
Trump accuses China and Russia of currency devaluation
US president’s comment contradicts findings of his Treasury department’s recent report
China's FX reserves rise in March
The $8.3bn increase is a slight turnaround from February’s decline
Renminbi’s share of global payments slides in February
It falls two places to become the seventh most-used currency for global payments, according to Swift
HSBC debuts RMB hedged share class for Ucits
Asset manager started offering the class for its global investment funds on March 23
China’s FX reserves drop for first time in 13 months
PBoC figures show $27bn decrease from a month earlier, driven by exchange rate movements
China’s FX reserves rise for twelfth month
PBoC figures show $21.5 billion increase, bringing total reserves stockpile to highest level since September 2016
Renminbi payments drop in December
The Chinese currency is once again the fifth most-used for global payments – Swift
Bundesbank to include renminbi in reserves
Onshore renminbi jumps to strongest level against the dollar for more than two years, following comment from Germany’s central bank
China reportedly tweaks yuan fix
Markets reacted by selling the yuan, which fell 0.5% against the US dollar to 6.5291 from 6.4968 on Tuesday – its biggest drop in two months
China’s FX reserves reach highest level since September 2016
PBoC figures show $20 billion increase, bringing total reserves stockpile to 14-month high
Renminbi payments jump in November
The currency overtakes Swiss franc and Canadian dollar as sixth most used for global payments – Swift
China FX reserves rise 10 months in a row
PBoC figures show $10 billion increase, bringing total reserves stockpile to 13-month high
Renminbi's share of payments drops 19% in October
Chinese currency slips behind Swiss franc and Canadian dollar as seventh most-used currency for global payments – Swift
R5FX launches renminbi connection with Shanghai Clearing
Connect will enable Shanghai banks to trade spot FX offshore via R5FX