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The Yuan

by MrAllen1 Online Now Mar 13, 2006 at 3:17 PM

Any idea how stable the Yuan is going to be in the next year to five years?

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  • francischris's Profile Photo

    RE: The Yuan

    by francischris Online Now Mar 13, 2006 at 9:19 PM

    Over the five years period it should be appreciating gradually versus US$.Already the US lobbys are complaining that the Yuan is undervalued thus making chinese exports artficially cheap.Currently the US$/HK$ is approx 7.74 whildst the US$/Yuan is 8.03.I beleive that over the period the Chinese Yuan will be on par withe HK$, however this is my personal view.

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  • MrAllen1's Profile Photo

    RE: RE: The Yuan

    by MrAllen1 Online Now Mar 15, 2006 at 9:55 AM

    I think you are right or it appears so. We never know whats going to happen with the governments but it all seems stable for the time being. Thanks for your reply.
    Allen

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