The internationalisation of the renminbi is gathering pace, with Hong Kong Exchanges and Clearing to begin trading futures on the currency.
The exchange will launch a US dollar-renminbi contract in the third quarter to give investors a hedge against their exposure to the Chinese currency.
Under HKEx’s plan, the contract will be quoted in renminbi per US dollar, or US dollar and “margined” in renmnibi, with the trading and settlement fees also charged in renminbi.
您已阅读20%（465字），剩余80%（1912字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。