CNH: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Sources: linked pages.) |
(No difference)
|
Revision as of 12:54, 20 July 2016
The currency of the People's Republic of China (PROC), when it is traded offshore.
The yuan is a heavily regulated currency but as part of the process of internationalising the currency the Chinese authorities have allowed a market in offshore deposits to develop.
The currency traded offshore is known as the renminbi CNH whereas the onshore currency is known as the renminbi CNY.
