Offshore
China reportedly tweaks yuan fix
Markets reacted by selling the yuan, which fell 0.5% against the US dollar to 6.5291 from 6.4968 on Tuesday – its biggest drop in two months
Matherne joins BNY Mellon as global head of FX forwards
Paul Matherne is the latest staffer to make the switch from Deutsche Bank to BNY Mellon
PBoC scraps reserve requirements as capital flows ease
Renminbi slides against dollar as Chinese central bank reversed two measures it put in place to fight speculation
FTSE Cürex index series adds CNH pairs
The jointly launched foreign exchange index series announced in June has added seven new offshore renminbi pairs to its benchmark as it anticipates growing demand from its clients in Asia
FX Week China: RMB internationalisation will take time
Significant progress has been made since 2010 in opening up renminbi to international participants, but it has to be done gradually, say speakers at FX Week China