Not exact matches
Bonds denominated in renminbi in the Hong Kong market, known as CNH bonds, outperformed dollar - denominated and other local
currency bonds in Asia last year, with a more than 6 % total return in dollar terms, as investors sought stability in the
resilience of the Chinese
currency, according to a report
by HSBC.
Cryptocurrencies, being highly transparent, trustless, and antifragile, will have a lot of
resilience and appeal in this scenario, especially if the collapse was caused in part
by the qualities of sovereign
currencies (opaque, centralized, controlled) that cryptocurrencies reject.
But with the dollar taking a hit following the US election, and the pound showing its
resilience, this
currency window of opportunity is getting smaller
by the day.