FT Alphaville updates the offshore yuan story. See Chinese CNH – YOURS!.
There seems to have been a turnaround in the offshore market's blistering growth and the yuan's appreciation.
Relevant Links:
Offshore renminbi – an updated primer from HSBC
NDF discount reflects tighter yuan liquidity from Credit Agricole
Yuan's Rise Is Out of Steam from WSJ
Hong Kong Yuan Deposits Drop for 1st Time Since October ’09 from Bloomberg
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