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Old 10-24-2007, 10:29 PM
ItalianFX ItalianFX is offline
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Default Re: Jim Rogers Buying the Yuan

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but i don't know exactly how to execute it since you can't own chinese currency

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I don't know much about the Yuan, but what do you mean by this? You mean there are regulations against owning Yuan, or it's just not practical to byu? I used to have several small bank accounts: USD, GBP, EUR, KRW and CNY. There was only a few K in them, but they weren't too much trouble to open.

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The yuan isn't a free floating currency, it is pegged. (I think) So that means there isn't a "market" for it like the other currency pairs.
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