USD/CNH enters top-five traded pairs on ParFX

Offshore renminbi sees very strong growth in September

renminbi-notes
On the up: renminbi volumes continue to grow

The offshore renminbi has joined the top-five traded currencies on ParFX, less than two months after being launched on the trading platform.

"We introduced USD/CNH because we believe this is a prime opportunity to introduce this 'pure' ethos to the offshore renminbi before it becomes a major, full-floating currency. The renminbi's rapid growth in less than two months is a strong validation of our decision to do so," says Roger Rutherford, chief operating officer at ParFX.

"Building liquidity

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