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Forum Question Posted By: Replies:
Chongqing The Yuan
Posted: Mon March 13, 2006 11:17 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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Chongqing RE: The Yuan
Posted: Tue March 14, 2006 05:19 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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Chongqing RE: RE: The Yuan
Posted: Wed March 15, 2006 05:55 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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