John Woods, managing director at Citi Investment Management, talks to FinanceAsia about Modi, China, currency mismatches and the big three ratings agencies.
The facility will make available a maximum of Rmb350 billion to the ECB and up to €45 billion to the People’s Bank of China, and is an important step forward in the internationalisation of the renminbi.
The Korean won and Indian rupee are the most exposed to a worsening of the Greek crisis, according to rigorous research by Nomura. The Taiwanese dollar and Thai baht are least vulnerable.
Sinha joins from Barclays Capital as head of Asia-Pacific G10 FX strategy and will be responsible for calls on the Aussie and Kiwi dollars and the Japanese yen.