June 8, 200521 yr Expecting that the Chinese Yuan is going to float or at least be re-valued against the USA$ before 2008. Any info. on how to put some extra funds into yuan at the current rate? What are the limitations on the export of yuan or is there an easier way to do a conversion through a bank? Thanks for any advice, but you can withhold any opinions on the geopoloticalecononmicramifications of this issue . Thanks- JOHN
June 8, 200521 yr IF you want to buy Yuan, I think it depends what kind of currency you want to 'use' so to speak. With US $ you've a good chance to gain...but it remains speculation....so many things could happen in the meantime. But...if you don't shoot, you always miss. LaoPo
June 9, 200521 yr The revalauation will initially at least be small (or I should say I think etc).. A few % at most.. I(ts the effects to the economc picture that are more important unless you can leverage the currency a lot..
Create an account or sign in to comment