男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Offshore RMB to be HK's 2nd largest source of deposits

Xinhua | Updated: 2013-02-01 11:02

HONG KONG - Hong Kong's offshore renminbi deposits, excluding Certificate of Deposits, could account for over 25 percent of total deposits in the city by 2015, making?renminbi deposits the second-largest source of deposits in Hong Kong, Hang Seng Bank said in a report Thursday.

Chief Economist of Hang Seng Bank Joanne Yim, the writer of the report, said that the?renminbi looks set to gain importance in the global economy and Hong Kong stands to benefit as an offshore?renminbi center.

She said the?renminbi exchange rate is expected to maintain a slightly firmer position against the US dollar in 2013, with expectations of a rebound in the mainland's exports and the resulting trade surplus.

The PBOC's USD/RMB mid-rate is likely to be near 6.20 by the end of 2013, representing an appreciation of 1.4 percent for the?renminbi compared with the end of 2012, she added.

As for offshore?renminbi deposit, she said Hong Kong's offshore renminbi deposit pool, excluding CDs, could grow at a faster pace, reflecting an expected rebound in cross-border trade settlement flows and potentially higher deposit interest rates as banks compete for?renminbi deposits.

As a result,?renminbi deposits could account for over 25 percent of total deposits in Hong Kong by 2015, from less than 10 percent at the end of 2012. This will make?renminbi deposits the second-largest source of deposits in Hong Kong, replacing the position long held by US dollar deposits.

In addition, with the?renminbi gaining increasing acceptance globally, more companies will choose to settle their cross-border trade in renminbi.

"The amount of cross-border trade settlement in?renminbi could grow by about 20 percent in 2013, faster than Hong Kong's total trade flows with the mainland," the report said.

 

Related Readings

DBS launches renminbi index in HK

HK to expand offshore RMB business

Yuan loans from HK could hit 50b

China to pursue RMB internationalization

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 潞西市| 镇巴县| 东平县| 长寿区| 林甸县| 安多县| 兰溪市| 芦山县| 军事| 焦作市| 剑川县| 七台河市| 黑水县| 崇文区| 姜堰市| 桂阳县| 眉山市| 阿瓦提县| 保亭| 运城市| 天长市| 荥阳市| 黔江区| 沂源县| 襄城县| 鹤山市| 冷水江市| 江孜县| 离岛区| 舟曲县| 黔东| 合作市| 虞城县| 博兴县| 龙海市| 招远市| 望都县| 阿合奇县| 英山县| 都昌县| 铁力市|