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CLDR Ticket #10227(closed data: fixed)

Opened 7 months ago

Last modified 2 months ago

Add CNH currency code.

Reported by: fabalbon@… Owned by: mark
Component: unknown Data Locale:
Phase: dsub Review: emmons
Weeks: Data Xpath:
Xref:

Description

CNH currency code is used to represent the Chinese Yuan (CNY) when trading offshore.

According to Wikipedia is's an unofficial (non-ISO) currency code: https://en.wikipedia.org/wiki/ISO_4217#Unofficial_currency_codes.

In several places it's being used to represent this currency:
https://www.bloomberg.com/quote/USDCNH:CUR
https://finance.yahoo.com/news/two-yuan-difference-between-cny-191845180.html
https://en.wikipedia.org/wiki/Renminbi#Terminology

Attachments

Change History

comment:1 Changed 6 months ago by emmons

We don't use non ISO4217 currency codes in CLDR.

comment:2 Changed 6 months ago by mark

We need to discuss this. I think we have added codes in the past if they were widely used in practice.

comment:3 Changed 6 months ago by kristi

  • Cc kristi added

comment:4 Changed 5 months ago by mark

  • Owner changed from anybody to mark
  • Priority changed from assess to critical
  • Type changed from unknown to data
  • Status changed from new to accepted
  • Milestone changed from UNSCH to 32

We decided to add, given that we have a fallback approach if ISO ever defines a conflicting code.

comment:5 Changed 5 months ago by mark

For the dates and background, looked at
https://www.cmegroup.com/education/files/offshore-chinese-renminbi-market.pdf
https://www.mizuhobank.com/service/global/cndb/rmb/pdf/double.pdf
and other pages.

"Thus, the People’s Bank of China (PBOC) and the
Hong Kong Monetary Authority (HKMA) jointly
announced on July 19, 2010 that RMB may be
deliverable in Hong Kong. This created a new
offshore market in RMB, dubbed the “CNH” market.
Since its introduction, this market has grown at a
rapid pace, attracting widespread interest and
activity."

comment:6 Changed 5 months ago by mark

  • Status changed from accepted to reviewing
  • Review set to emmons

comment:7 Changed 5 months ago by kristi

Question: Why is this under deprecated?

comment:8 Changed 2 months ago by emmons

  • Status changed from reviewing to closed
  • Resolution set to fixed
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