CNH

E136472

CNH is the offshore-traded version of China’s currency, the yuan, used primarily in international markets outside mainland China.

All labels observed (1)

Label Occurrences
CNH canonical 2

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf currency unit
financial instrument
offshore currency
alsoKnownAs offshore RMB
linked to: Chinese yuan

offshore yuan
linked to: Chinese yuan
currencyOf People's Republic of China
linked to: China
denominatedIn renminbi
linked to: Chinese yuan
denominates Chinese yuan
differenceFromCNY exchange rate determined more by offshore market demand and supply
subject to fewer capital controls
traded outside mainland China's onshore market
differsFrom CNY
exchangeRateSpreadReason differences in capital controls and market participants
hasExchangeRateSpreadWith CNY
introducedAs offshore renminbi
ISO4217Code CNH
isOffshoreVersionOf CNY
linkedTo China's capital account policies
marketType offshore foreign exchange market
monetaryAuthority People's Bank of China
peggedTo CNY
purpose facilitate international use of renminbi
support renminbi internationalization
quotedAgainst Japanese yen
US dollar
euro
other major currencies
regulatedBy People's Bank of China
settlementCurrencyFor international trade with China
subjectTo market-based exchange rate
tradedIn Hong Kong
linked to: Hong Kong, China

London
linked to: London, England

Singapore
offshore RMB centers
underlyingCurrency Chinese yuan
renminbi
linked to: Chinese yuan
usedBy foreign investors
multinational corporations
offshore financial institutions
usedFor cross-border trade settlement
dim sum bonds
foreign exchange trading
offshore RMB bonds
offshore RMB deposits
offshore RMB loans
usedIn international financial markets
offshore markets
usedOutside mainland China
linked to: China

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Renminbi offshoreUnit CNH
subject linked to: Rénmínbì