Discover and read the best of Twitter Threads about #Renminbi
Most recents (4)
What if China devalued the #Renminbi like Aug 2015?
- Maximum pain to Biden administration who would lack a clear response
- Diminish export pain of Delta lockdowns at the expense of the world
- Create confusion around Evergrande default terms
$CNH is too quiet vs greater FX
- Maximum pain to Biden administration who would lack a clear response
- Diminish export pain of Delta lockdowns at the expense of the world
- Create confusion around Evergrande default terms
$CNH is too quiet vs greater FX
This move in $CNH.... 
Created this move in $EEM....
With significant blow of the #coronavirus outbreak to its domestic demands, the Chinese economy is expected to return back to normal in late April.
The global spread of the virus is bound to bring down its external demands in the second quarter, according to Gao Shanwen mp.weixin.qq.com/s/gRKzYdR7n8P8…
The pandemic has triggered concerns over a global economic recession, with multiple hazards emerging including #oil market turmoil and collapse of the American high yield bond market bubble.
Haziran sonunda $73,5 milyar olan Merkez Bankası brüt döviz rezervi Temmuz sonunda $75 milyara çıkmış. Yurt içi yerleşiklerin döviz mevduatları ise geçtiğimiz bir ay içinde $1,14 milyar artarak $186,7 milyara yükselmiş.
Yurt dışı yerleşiklerin kur ve fiyat hareketlerinden arındırılmış Temmuz’daki aylık net portföy hareketleri, hisse senedinde $130 milyon, DİBS’te $176,5 milyon giriş olarak raporlandı. Bu arada 26 Temmuz-28 Haziran arası USDTRY kuru (TCMB) %1,75 gerilemiş görünüyor.
ABD’nin Çin’e uyguladığı gümrük vergisini artırması ve yeniden artan küresel ticaret geriliminin etkisiyle Perşembe günü ABD’de hisse senedi endeksleri günlük %1 civarında geriledi. 10 yıl vadeli tahvil getirisi %1,88 ile Kasım 2016’dan beri en düşük seviyesine geriledi.
(1/6) If #Libra is legally accepted and operated, what countermeasures China should take? What will be the main implications for foreign exchange management? Please read an original article produced by CF40. mp.weixin.qq.com/s?__biz=MjM5Nj…
(2/6) China's foreign exchange management has different priorities at each stage. In the first stage, the shortage of foreign exchange constrains economic development. In the second stage, foreign exchange facilitation lies in the focus of foreign exchange management.
(3/6) In the third stage, #Renminbi is included in SDR basket, marking a significant increase in the free use of the RMB, and there will be a significant increase in the degree of integration between local and foreign currencies in the future. #RMBinternationalization
