Trading Chinese Yuan

[Dan Blystone]

According to Jim Rogers (of Soros/Quantum Fund fame) China's yuan has further to climb against the dollar and could rise by up to 500 percent over the next 20 years.

Jim has been spot on of course about the commodity bull market and the depreciation of the USD.

Oanda offers trading in the USD/CNY pair, although the spread is a static 40 pips, and the interest rate is at -4.5%

There are probably better alternatives for investing in the Yuan over the long term, I'll post my findings....

[Hobbs]

The CME offers Yuan futures - but here you would not earn interest as with a bank deposit and you would have to pay interest on the margin...