renminbi
CurrencyWikipedia
85
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56
EPISODES
51
PODCASTS
Search complete. 85 mentions across 56 episodes found for "renminbi".
Oct 30, 2026
Chen JingweiGUEST
Now, when the interest rate in US is considerably high enough, some of the money will flow back.
Chen JingweiGUEST
So that will definitely limit the potential for Asian FX recovery, right? Overall, we think Asian currencies will remain range bound, but among those we think, I think dollar and the CNH, the Chinese Yuan, probably will, relatively will remain more resilient.
Chen JingweiGUEST
However, the other currency might be quite vulnerable.
Chen JingweiGUEST
For example, the Thai baht, for example, the rupiah, all this because of the capital outflow, it could be quite vulnerable.
Martyn LeeHOST
That's their driver assistance system using roof mounted LiDAR for address to address driving as long as you supervise, of course.
Martyn LeeHOST
course and finally what of china's formerly best-selling car now when i started this podcast and we talked about the best-selling car in the world china's best-selling car that would be the wu ling hong guang mini ev these days it's the geely ex2 or the e2 or in China, the Yuan.
Martyn LeeHOST
Now, that passed 2 million, going back to Wuling, the Wuling Hongguang Mini passed 2 million total sales.
Martyn LeeHOST
But it's taken a while because demand for that is shrinking.
speaker_0NARRATOR
Now this kind of pairing is not so different from what you would hear typically quoted on foreign exchange pairs.
speaker_0NARRATOR
One US dollar is buying $1.48 Australian, 69 Euro cents, 87 Yen and 5 Chinese Yuan.
speaker_0NARRATOR
You probably would have heard things like this while watching any kind of finance segment in the news or seen something like this quoted on a foreign exchange center.
speaker_0NARRATOR
And paired is no different from any of these other countries.
Piero TozziGUEST
But just three years after they filed for bankruptcy, Carney was already moving on.
Piero TozziGUEST
More, I think, to the point, though, is when he was head of Bank of England, so we're talking about the 2016 period, Carney basically was legitimizing the Renminbi.
Piero TozziGUEST
You have the IMF, the International Monetary Fund, has this basket of special draw rights And, you know, talk about one of these things is not like the other.
Piero TozziGUEST
You had the dollar, you had the Japanese yen, you had the euro and the pound.
Aswath DamodaranHOST
Is Disney done investing? In 2013, they still had the Shanghai theme park they were going to build, right? If you were advising Disney on how they should fund the Shanghai theme park, what would you suggest they use? Remember, all you care about is your total debt after this is all done, right? And you want that debt to be more short-term, more foreign currency, more floating rate.
Aswath DamodaranHOST
My advice to them is take shorter-term debt than you normally would have on a theme park, make it foreign currency debt, presumably Chinese yuan or renminbi, and see if you can make it floating rate debt.
Aswath DamodaranHOST
And you don't even have to issue it in China.
Aswath DamodaranHOST
You can issue it in a different country and essentially swap it into Chinese Yuan debt at the end of the process.
Aswath DamodaranHOST
Again, by either changing your own debt or by issuing new debt, you can make this problem become a smaller problem or even make it go away.
Aswath DamodaranHOST
For those of you who are going to go back to emerging markets, this is, I think, a huge area of opportunity because, as I said, for a long time in emerging markets, companies were constrained by whatever debt banks would offer them.
44 MINS LATER
Aswath DamodaranHOST
So it looks cheap because you can't get your mind around the fact that it's a different currency.
speaker_8UNKNOWN
So when you mentioned the mismatch, can you explain the mismatch again?
Andrei JikhHOST
Hey guys, the Strait is actually open.
Andrei JikhHOST
You can pay for your oil in Chinese Yuan, and then we'll let your ships through safely.
Andrei JikhHOST
Now, Russia has the alternative supply.
Andrei JikhHOST
Every Asian country that's running out of Middle Eastern oil has one alternative seller that is willing to do business right now, which is Russia.
John EdwardsGUEST
Well, it is being eroded over time.
John EdwardsGUEST
China, for example, would press Renminbi as an alternative vehicle for its own transactions.
John EdwardsGUEST
But what I do think about US dollar dominance is that it doesn't actually confer any strategic advantage on the US, except in this respect that it gives it greater possibility of exerting sanctions on other countries because many of their transactions are in US dollars and go through US banks.
John EdwardsGUEST
Otherwise, it's just a medium of exchange.
Matthew MežinskisGUEST
This one I think is really... insightful so again this is the this is the old monetary base update it's a little bit slower than i used to because i got some broad money stuff in here as well which we can talk about but base money is basically central bank money it's the printing press it's it's what actually central banks print to primarily buy government bonds but they also have some gold on their balance sheets And these are the top five in the world.
Matthew MežinskisGUEST
So the Chinese Yuan is actually in first place right now at $6 trillion.
Matthew MežinskisGUEST
Then we got the dollar itself, $5.5 trillion, the Euro, $4.6 trillion, and the poor yen.
Matthew MežinskisGUEST
As you have surely been following the story of the yen over the last few months, it's just getting crushed in dollar terms.
Matthew MežinskisGUEST
And again, all this stuff about the BRICS currencies or the yuan being like some sort of a new safe haven.
Matthew MežinskisGUEST
I just don't see that at all.
Matthew MežinskisGUEST
I think we agree it's going to be Bitcoin before it's going to be Chinese yuan.
Marty BentHOST
Yeah, and I think that's bringing the debt into focus here.
John EdwardsGUEST
Well, it is being eroded over time.
John EdwardsGUEST
China, for example, would press Renminbi as an alternative vehicle for its own transactions.
John EdwardsGUEST
But what I do think about US dollar dominance is that it doesn't actually confer any strategic advantage on the US, except in this respect that it gives it greater possibility of exerting sanctions on other countries because many of their transactions are in US dollars and go through US banks.
John EdwardsGUEST
Otherwise, it's just a medium of exchange.
Leah FilesSOUNDBITE_SPEAKER
Yeah.
Sean RyanSOUNDBITE_SPEAKER
You know, with, with the, with, with, I mean, you know about BRICS, I'm sure, you know, and what is it? UAE already said when they run out of dollars, they're going to trade in the Chinese Yuan.
Sean RyanSOUNDBITE_SPEAKER
The Strait of Hormuz now, I mean, will never be the same again because what this war did is, I mean, now Iran knows they can control it.
Sean RyanSOUNDBITE_SPEAKER
And so I'm sure there'll be all kinds of taxes and that kind of stuff going through the Straits.
Josh ReidHOST
Yes, I know about BRICS.
Josh ReidHOST
Good.
Josh ReidHOST
There's questions about Middle Eastern countries moving to the Chinese yuan.
Josh ReidHOST
And that's happening in Saudi Arabia between China and clearing oil and gas through the Chinese yuan instead of the U.S. dollar.
46 more episodes mention renminbi.
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