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| Forum | Question | Posted By: | Replies: |
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| Chongqing | The Yuan Posted: Mon March 13, 2006 10:17 PM UTC
Any idea how stable the Yuan is going to be in the next year to five years?
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MrAllen1  
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2 replies
[Reply] |
| REPLIES to THE YUAN (1 - 2) |
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| Chongqing | RE: The Yuan Posted: Tue March 14, 2006 04:19 AM UTC
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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francischris 
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[Reply] | |||
| Chongqing | RE: RE: The Yuan Posted: Wed March 15, 2006 04:55 PM UTC
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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MrAllen1
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[Reply] |
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