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Investing in Chinese Yuan currency PDF Print E-mail
Written by Wilfred Ling   
Tuesday, 01 July 2008

There is a lot of interest in this currency because everybody knows that it is terribility undervalued. Over the past 1 year, the Chinese government allowed a slow appreciation of Yuan against the USD by 11.3% !  I have always been asked on how to invest in chinese yuan currency.  My answer is that it cannot be done properly. Either a person opens a bank account in China (not possible for most people) or that one has to buy Yuan currency from money changer. The latter is as good as putting the money under pillow forfeiting interest which can be a significant component. Recently I found a way to invest in Yuan without the need for a bank account nor money changer.  Note that as the Sing dollar has been appreciating against the USD, the CNY/SGD change has not been too exciting. Anyway the method I found is only for Accredited Investor. 

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