currency

New SOE Investment Scrutiny Might Ease Foreign Company Currency Restrictions

New SOE Investment Scrutiny Might Ease Foreign Company Currency Restrictions

Limited progress on State Owned Enterprise (SOE) reform continues to undermine US industry’s confidence in China’s policy direction, but recent announcements limiting SOE outbound investment might be beneficial.

Tags

SOE

People’s Currency to Become Global Currency?

People’s Currency to Become Global Currency?

Update: As this article went to print, the International Monetary Fund (IMF) decided to freeze the Special Drawing Rights basket of currencies until October 2016. This will allow more time for markets to adjust to changes in the basket that might occur as a result of the IMF’s evaluation of the RMB in November.

Tags

IMF
RMB
SDR
Subscribe to RSS - currency