Tags » RMB

Paulson, Geithner, and Bloomberg want to bring the Chinese yuan to Wall Street

Some of the biggest luminaries of US finance are spearheading an effort to bring the Chinese yuan to America. Michael Bloomberg, founder of the eponymous financial news and data business and former mayor of New York City, will chair the Working Group on US RMB Trading and Clearing, as it’s called. 533 more words

IMF's Renminbi Inclusion a Boost for Chinese Stocks

The International Monetary Fund (IMF) issued a new staff report on 13 November supporting the inclusion of the renminbi in the Special Drawing Rights (SDR). Assuming the IMF executive board approves the proposal at its meeting on Monday (30 November), the question is what will come next? 785 more words


Hong Kong dollars now include state money

I have often heard … people … discuss the special case of Hong Kong where bank notes are issued by banks and not by the government. 221 more words


Will The US$ Collapse Autumn 2016?

There has been, is, and I suppose will continue to be, a near manic cry for investment defense against American fiscal policy. The source of the tribulation this time is the autumn 2016 meeting of the International Monetary Fund. 515 more words

Don Shaughnessy

IMF "Board Being Advised to add Chinese Renminbi to SDR"

Christine Lagarde, IMF leader, issued a press release today saying that she was recommending to the board that the Chinese currency (RMB) be added to the… 141 more words


Invitation to Gauteng CEOs and CFOs: Breakfast with Ettienne le Roux, Chief Economist RMB Sketching the 2016 economic landscape: A sense of déjà vu

Look who’s speaking at South Africa’s premier Forum for growth-oriented CEOs & MDs this month!

You are encouraged to invite your CFOs and other CEOs and thought leaders to this month’s forum, why not book a table for your group? 230 more words

Breakfast Forum