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White papers

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

White papers

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

White papers

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

White papers

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

White papers

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

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Audere was founded to enable treasurers and financial teams to increase the efficiency of their FX management capabilities whilst reducing time resource allocation.

We provide independent foreign exchange advice to CFO's on how to optimise hedging strategies, access the most cost-effective liquidity / credit options and gain performance monitoring insight at implementation stage. Our extensive hands-on experience has helped companies of all sizes worldwide overcome their FX challenges.

The ultimate goal of any business is to outperform their competition and increase profitability. We aim to help our clients achieve this by ensuring their forex exposures are professionally and pro-actively managed.

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Case studies

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

Case studies

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

Case studies

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

Case studies

The Audere Library provides white papers on current thinking, modelling and best practice in foreign exchange which will show how foreign exchange can be used to your organisation’s best advantage.

Renminbi hits two and a half year high against the dollar - the key drivers and outlook for 2021

Audere Research
Jan 13, 2021
1 min read

Introduction

Once the pandemic shook the market in February-March last year, one of the effects of the initial massive demand for Dollars was to push the USD/CNY at levels prevailing during the financial crisis in 2008, above 7.15 level. Since then, the Renminbi gradually recovered and overall has gained 10% since June, to close 2020 with an appreciation of more than 6% versus the USD. It has recently hit the highest level against the Dollar since June 2018, breaking 6.50 level and currently trading below it. The attached report reviews the driving factors for this movement as well as looking at the outlook for the Chinese currency and the USD/CNY rate.

Call +44 (0) 203 884 992 to discuss further with an advisor.

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