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Former China FX official says opportune moment to launch yuan futures Toggle share menu
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Former China FX official says opportune moment to launch yuan futures A former senior official at China s foreign exchange regulator advocated the swift introduction of yuan futures trading to improve hedging in a currency market whose recent trend of yuan appreciation has been shaped by a herd effect .
FILE PHOTO: An employee packs yuan banknotes at a branch of Bank of China in Changzhi, Shanxi province February 24, 2010. REUTERS/Stringer
07 Jun 2021 12:05PM Share this content
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SHANGHAI: A former senior official at China s foreign exchange regulator advocated the swift introduction of yuan futures trading to improve hedging in a currency market whose recent trend of yuan appreciation has been shaped by a herd effect .