BASIS POINTS: Yuan Options Trading To Start
March 22, 2011
In just a couple weeks Chinese banks will be able to offer their clients yuan foreign exchange options contracts. This is one step in moving the function of setting the yuan's exchange rate to the market, but the instruments do come with a number of restrictions.
Yuan Options Trading To Start | Source: The Big Fat Finance Blog.























Implied currency
Implied currency volatilities are a measure of how much the market expects a spot exchange rate to move over a coming period, based on option prices. - car title loans irvine
The yuan has risen 3.9%
The yuan has risen 3.9% against the dollar so far this year and 7.6% since June 2010, when China ended its currency's dollar peg. -Marla Ahlgrimm