The renminbi is Asia's most popular currency for fixed-income corporate funding, surpassing the dollar for the first time. The shift reflects recent weakness in the dollar. "In the early part of the year, people were concerned about the strength of the dollar. Investors were more interested in having an asset in an Asian currency," said Nicholas de Boursac, managing director of ASIFMA.
More at http://www.ft.com/cms/s/0/768f5a1c-7845-11dd-acc3-0000779fd18c.html
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