Order RMB from Your Home Bank: Most banks outside of China don’t keep a lot of foreign currency on hand, so you’ll need to order Chinese yuan in advance. Unfortunately, you can’t simply walk-in to your bank and get as much currency as you want. The cost to purchase is subject ...
The minimum RMB balance of the integrated time passbook is RMB50, with a deposit term of three months, six months, one year, two years, three years or five years; the minimum foreign currency balance is equivalent to RMB50, with a deposit term of one month, three months, six months, ...
The value of any investment or income may go down as well as up and you may not get back the full amount invested. When an investment is denominated in a currency other than the local currency of an investor, changes in the exchange rates may have an adverse effect on the value, price...
(including, but not limited to, depositary receipts and participation certificates) and to securities of issuers with significant exposure to foreign markets include currency exchange rate fluctuation; less available public information about the issuers of securities; less stringent regulatory standards; ...
international financial centresrenminbi transnationalizationThe internationalization of the renminbi (RMB) raises important questions concerning dynamics of transformation within the post-crisis global monetary order. International political economists have predominantly analysed the currency's cross-border evolution ...
International political economists have predominantly analysed the currency's cross-border evolution as a consequence of China's macroeconomic conditions, domestic politics, and currency statecraft within a broader framework of international monetary hierarchy. In this article, we draw upon insights from ...
Business application form includes but is not limited to: 1. The customer’s purpose of derivative trading and main information about the proposed derivative transaction, including trading structure, term, currency, amount etc.; 2. Conditions and the authenticity of the customer’s...
瞭望新时代网(简称“瞭新网”),是由《瞭望新时代》杂志社创办的线上综合信息交互宣发平台,网站秉持“瞭望时代 放眼世界”的宗旨,进一步发挥瞭新社的核心价值和传统优势,及时分享国内外最新资讯。
If OCBC closes a RMB Account or RMB Time Deposit Account, OCBC may convert the amount standing to the credit of that account into Singapore Dollars or other freely convertible currency, at OCBC's discretion, at OCBC's prevailing exchange rate in such form as OCBC ...
it sells to ICBC a European call option in the same currency pair, with the same term and in the same amount of principal at the exercise price of 6.7. If the spot RMB-USD exchange rate is 6.55 when the options expire, and neither of the options is exercised, the custom...