The spread between onshore and offshore yuan hit its widest level in more than four years on Tuesday after the central bank was suspected to have intervened in the onshore market to support the

CNY NDF-CNH SPREAD COMPRESSION AHEAD OF SDR DECISION RMB is still on track for inclusion in the IMF’s SDR basket, with a decision due at the end of the year. The IMF notes that more work is needed to help inform the decision, including some operational issues, one of which is the deviation between the offshore and onshore rate. RMB0.22m profit on USD/CNH futures covers RMB0.22m loss due to RMB appreciation A portfolio manager expects USD/CNH to trade in a narrow range over the next three months, and the calendar spread (ie, price difference between front- and far-month contracts) to narrow. CNY: Market Structure & Valuations November 2010. Stewart Newnham, CFA. Asian Currency Strategist . Morgan Stanley Asia Limited (852) 2848-5320 stewart.newnham@morganstanley.com The spread between onshore and offshore yuan hit its widest level in more than four years on Tuesday after the central bank was suspected to have intervened in the onshore market to support the Why traders should watch the CNH/CNY spread Matt Weller. February 22, 2016. 10:17 AM Chinese New Year officially takes place on Feb. 8, but for traders, the traditional Jan. 1 New Year had a

TIP: To chart the spread between USD offshore deliverable Renminbi and the TIP: To access the CNH HIBOR Fixing Page on Bloomberg type: FIXI CN .

12 Sep 2018 What is CNH and CNY, and what differences should traders know about the two Yuan to make informed trading decisions? Data downloaded from Bloomberg; chart prepared by Renee Mu. The spread was significant. 12 Sep 2018 Data downloaded from Bloomberg; chart prepared by Renee Mu . CNH/CNY SPREAD & CHINA'S FOREIGN EXCHANGE RATE POLICY. VOLC — The spread between CNH and CNY has narrowed in recent years. World Economic Statistics. ECST — Consensus forecasts call for a slight. and symmetric for both offshore/onshore (CNH/CNY) appreciations and depreciations. However All time series data are downloaded from Bloomberg. such as the VIX index, bid-ask spreads of the related spot rates, and the US interest.

Get the latest market information about the USD/CNH pair including USD CNH Live Rate, News, US Dollar and Chinese Offshore Yuan Forecast and Analysis.

and symmetric for both offshore/onshore (CNH/CNY) appreciations and depreciations. However All time series data are downloaded from Bloomberg. such as the VIX index, bid-ask spreads of the related spot rates, and the US interest. CNY is the international currency code for the Chinese Yuan, in much the same way USD and GBP are the currency codes for the US Dollar and the British  characteristics of the CNY and CNH markets that give rise to price signals of the The spot trading bid-ask spread has narrowed to the range of 20–40 pips, became regular) and September 2013, obtained from Bloomberg, are used. Learn more about USD/CNH Offshore Chinese Renminbi futures, providing a capital CME Globex: CNH Bloomberg: CHYA Reuters: 0#CNC: increments (5 CNH/contract) for USD/CNH futures intra-currency spreads executed  Spot spread (RHS). USD-CNY spot. USD-CNH spot. Source: Bloomberg Finance LP, Deutsche Bank. Ultimately, the onshore CNY rate continues to serve as a  the law of one price obviously would predict that the CNH-CNY spread ought to be zero – 2011 to February, 10th 2017 taken from Bloomberg. Our sample  Source: Made by the author based on data from Bloomberg. Note: spread = CNH -CNY. from publication: Reinvestigation of the Interaction between the RMB 

20 Nov 2015 CNH interbank offered rates spiked this week after China's central bank The jump followed media reports, including Reuters and Bloomberg, 

1 Jun 2018 onshore bonds into the Bloomberg Barclays Global (CNH liquidity, access to CNY) quota limits mean investors are opting to spread their. 7 May 2014 percentage points. Spread. CNH three-year government bond. CNY three-year government bond. Source: Bloomberg. Figure 2 CNH and CNY  Spot exchange rate difference (CNY-CNH). Band: (-32, 221) 1/. Sources: Bloomberg L.P.; and IMF staff estimations. 1/ Band is estimated with the TAR model on  13 May 2013 As a result, the offshore RMB (CNH) market has gone through tremendous changes, particularly in the USD 10-20 million, with a bid-offer spread of about 5-10 basis points. Deliverable Source: Bloomberg. Figure 3: CNH  20 Nov 2015 CNH interbank offered rates spiked this week after China's central bank The jump followed media reports, including Reuters and Bloomberg,  8 May 2015 Accessing The CNH-CNY Pricing Differential: Role of forward points ( Bloomberg code: CCN12M), the 12-month renminbi offshore deliverable spread of the offshore deliverable forwards (Market Liquidity) are utilized to  3 Jul 2018 The CNY/CNH spread widened to .10-.15 in September 2015 and Knowledge Leaders International Index (Bloomberg ticker KNLGINX) is 

Current exchange rate US DOLLAR (USD) to China Offshore Spot (CNH) including currency converter, buying & selling rate and historical conversion chart. Bloomberg quickly and accurately

CNY NDF-CNH SPREAD COMPRESSION AHEAD OF SDR DECISION RMB is still on track for inclusion in the IMF’s SDR basket, with a decision due at the end of the year. The IMF notes that more work is needed to help inform the decision, including some operational issues, one of which is the deviation between the offshore and onshore rate. RMB0.22m profit on USD/CNH futures covers RMB0.22m loss due to RMB appreciation A portfolio manager expects USD/CNH to trade in a narrow range over the next three months, and the calendar spread (ie, price difference between front- and far-month contracts) to narrow. CNY: Market Structure & Valuations November 2010. Stewart Newnham, CFA. Asian Currency Strategist . Morgan Stanley Asia Limited (852) 2848-5320 stewart.newnham@morganstanley.com

26 Jul 2018 The Asia Dollar Index (ADXY) is catching up with the weaker yield spread. 4. Despite the fast rising spot rates in USD/CNY and USD/CNH, the associated Source: Bloomberg, UOB Global Economics & Markets Research. Asian currencies slid on Monday as the rapid spread of the coronavirus beyond China drove fears of a pandemic and sent investors flocking to gold and the dollar  CNY – CNH spread analysis (Source: Bloomberg). CNH spread.JPG. To conclude, we think that we are going to see further dollar weakness ahead of the FOMC  27 Oct 2019 CNY-CNH Term Spread and Covered Interest Parity. Deviation. Penghao Source: Bloomberg, FRED, Wind and China Bureau of Statistics. TIP: To chart the spread between USD offshore deliverable Renminbi and the TIP: To access the CNH HIBOR Fixing Page on Bloomberg type: FIXI CN . RMB (known as the CNH) and related offshore (or “dim sum”) bond markets. government bond yield still offered a 100-basis point spread over Asian countries with significantly Source: Bloomberg L.P., Invesco, 31 December, 2015. 1 Jun 2018 onshore bonds into the Bloomberg Barclays Global (CNH liquidity, access to CNY) quota limits mean investors are opting to spread their.