Yuan Optimism Grows as Dollar Hedging Costs Hit Three-Year Low
Growing optimism toward the Chinese yuan is spreading into hedging activities, with the cost that mainland investors have to pay to guard against possible dollar losses falling to a three-year...
By Charlie Zhu, Wenjin Lv, Ran Li · Bloomberg Markets
Growing optimism toward the Chinese yuan is spreading into hedging activities, with the cost that mainland investors have to pay to guard against possible dollar losses falling to a three-year low.