Few doubt that the yuan, or renminbi (RNB) will continue to appreciate, relative to the US dollar. The question is, "How much, how soon?"
And although I would never want too much of my savings to be in fiat currency, I'm going to continue diversifying what currency I do save by trading Federal Reserve notes for RNB!
To read an interesting article with more details about what the future may hold for the yuan - CLICK HERE!
The level of the yuan is determined by the People’s Bank of China..for now. |
To read an interesting article with more details about what the future may hold for the yuan - CLICK HERE!
No comments:
Post a Comment