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Renminbi hedging gains momentum

By Emma Dai ( China Daily ) Updated: 2014-11-21 07:26:45

Currency volatility prompts traders, manufacturers to seek alternatives, reports Emma Dai in Hong Kong.

Rising volatility and the higher global use of renminbi have led to a sharp increase in hedging activities by traders and manufacturers, bankers in Hong Kong said.

Hedging is a process whereby traders make additional investments to reduce risks from adverse price movements in an asset.

Renminbi hedging gains momentum

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