A large audience drawn principally from Asia and Europe logged into FinanceAsia and Bloomberg’s first ever webcast on offshore renminbi, or CNH, and corporate hedging in Asia. The webcast was aimed at demystifying offshore renminbi hedging for corporate treasurers otherwise unsure of the advantages and risks of hedging in the Chinese currency, also covering what to expect from the fast-internationalising currency.
Moderated by FinanceAsia’s corporate treasury editor, Jonathan Barlow, the hour-long session included a presentation from Alison Fletcher, economics and FX market specialist at Bloomberg, who explained how treasurers should best make informed choices regarding onshore and offshore renminbi. Robert Minikin, senior FX strategist at Standard Chartered,...