Leung, David; Fu, John - Hong Kong Institute for Monetary Research (HKIMR), … - 2014
We analysed the interactions between the RMB deliverable forward markets in Mainland China and Hong Kong. In order to broaden our perspective, we reference this to the Eurodollar market from the late 1950s to early 1980s. Our findings suggest that onshore regulations, notably the Regulation Q...