CNH definition

CNH means the offshore Chinese renminbi;

CNH means the offshore renminbi;

CNH means CNY deliverable to a bank account in the CNY Financial Centre(s) maintained in accordance with the prevailing laws and regulations.

Examples of CNH in a sentence

• Investors should note that subscrip- tions and redemptions will be in USD and will be converted to/from CNH and the investors will bear the forex expenses associated with such conversion and the risk of a potential difference between the CNY and CNH rates.

• For this reason, the exchange rate used for share classes denominated in RMB is the rate of CNH (offshore renminbi).

• CNY and CNH are traded at different rates and their movement may not be in the same direction.

• Although there has been a growing amount of Renminbi held offshore (i.e. outside the PRC), CNH cannot be freely remitted into the PRC and is subject to certain restrictions, and vice versa.

• The Chinese renminbi is currently traded on two different markets: Onshore in Mainland China (CNY) and offshore via Hong Kong (CNH).

More Definitions of CNH

CNH means RMB traded offshore in Hong Kong. Although CNH and RMB traded onshore in the PRC mainland (“CNY”) are the same currency, they trade at different rates as the applicable PRC mainland regulation has explicitly kept CNY onshore and CNH offshore separate, the respective supply and demand conditions lead to separate market clearing exchange rates.

CNH. Means the Chinese offshore RMB, accessible outside the PRC and traded primarily in Hong Kong;

CNH means CNH Global N.V.;

CNH means CNY deliverable to a bank account in Hong Kong maintained in accordance with the prevailing laws and regulations.

CNH means offshore tradable and deliverable currency of "Renminbi" or "CNY", the lawful currency of the People’s Republic of China.

CNH means The National Hydrocarbon Commission of Mexico (Mexico Comision Nacional de Hydrocarburos).

CNH has the meaning set forth in the preamble.