Research
Tip: To personalise the research list, click the gear symbol above.


Choose type:


FX PilotHow will looser capital restrictions impact the CNY?

Download

Capital restrictions are once again being loosened in China, with domestic stock and bond markets being opened up for foreigners. This is part of China's strategy to integrate its financial markets with the rest of the world, and ultimately to make the CNY a new global reserve currency. Opening up does not necessarily imply net capital inflows and give a stronger currency; we continue to expect a slightly weaker CNY versus the USD in the short run amid general USD strength.

Disclaimer

Bjarke Roed-Frederiksen

Senior Economist

Latin America and China

bjro03@handelsbanken.dk

Latest analyses

2018-05-23

Morgenmelding Danmark

2018-05-22

Macro Comment China

2018-05-18

Makroøkonomisk Ugefokus