Tag Archive: currency

Commerzbank’s Barbara Herbert and Michael Rugilo explain the reasons behind the continued rise of renminbi in GTNews

2016 looks like the year in which renminbi became well and truly established as an international currency. In an article for leading treasury magazine, GTNews, Barbara Herbert, Commerzbank’s renminbi expert, and Michael Rugilo, the bank’s Asia expert, delve into the reasons behind the currency’s corporate uptake. In the article, ‘The rise and rise of renminbi’, the …

Continue reading »



Natixis’ Nordine Naam predicts currency volatility following Trump’s election victory in FX-MM

In Nordine Naam’s weekly forex blog for FX-MM, Natixis’ senior forex analyst discusses the latest currency movements in light of Donald Trump’s presidential election victory. Following the result that defied the pollsters, U.S. equity markets have fallen and, in turn, so has the dollar. With this in mind, Naam believes the greenback will remain highly volatile …

Continue reading »



Commerzbank’s Barbara Herbert and Michael Rugilo discuss trade prospects with RMB for Trade & Export Finance

As RMB gains traction as a world currency, the opportunities for cross-border trade with China and within Asia  continue to grow. But in the light of recent media coverage of a devaluing currency and slowing Chinese growth, what can corporations do to secure and advance their trade operations using RMB? Barbara Herbert, renminbi specialist and Michael …

Continue reading »



Commerzbank explains how treasurers can gain from RMB internationalisation in AFP’s newsletter

The recent turbulence in China’s markets, coupled with RMB’s devaluation, has caused much consternation among investors and companies alike. However, writing for AFP Online’s Global Treasury and Finance Insights newsletter, Michael Rugilo, Asia Expert, and Barbara Herbert, Renminbi Specialist, at Commerzbank, reveal how treasurers can cope with a volatile currency – arguing that with the correct treasury setups, embracing …

Continue reading »



In Natixis’ latest FX-MM blog, Nordine Naam examines why ‘the market is in wait-and-see mode over Greece’

Despite Janet Yellen appearing cautious around disclosing any information regarding the timing of interest rate hikes given global risks – one being an eventual “Grexit”, while another a stronger dollar penalising US exports –  Nordine Naam remains confident in this week’s FX-MM blog that the Fed will raise the Funds rate in September. Providing a …

Continue reading »