Thread: Buying the Chinese Yuan
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Old 01-30-2008, 10:57 AM
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dannybly dannybly is offline
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Default Buying the Chinese Yuan
According to Jim Rogers (of Quantum Fund fame) China's yuan has further to climb against the dollar and could rise by up to 500 percent over the next 20 years.

Is anyone here looking to get long the Yuan?

Oanda offers trading in the USD/CNY pair, although the spread is a static 40 pips, and the interest rate is at -4.5%

There are probably better alternatives for investing in the Yuan over the long term, I'll post my findings....
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