Is exchanging US dollars for Chinese Yuan a good long term investment?

Question: As the dollar decreases in value, and as China continues to grow, is this a good idea?

Answer: don't do it. The value of the Yuan is fixed to the US Dollar. Be wary of the vlue of the Yuan since China's being pressured to stop artificially devaluing the Yuan. The currency market is aware of this and you will not see much profit from this compared to the exposure of risk.

Related Questions

Related Items