+- Cricket Windies (https://cricketwindies.com)
+-- Forum: What’s on Your Mind? (https://cricketwindies.com/forum-3.html)
+--- Forum: The Water Cooler! (https://cricketwindies.com/forum-4.html)
+--- Thread: China lets yuan fall further, fuels fears of currency war (/thread-26382.html)
China lets yuan fall further, fuels fears of currency war - chairman - 08-12-2015
China lets yuan fall further, fuels fears of currency war
Reuters
China's yuan hit a four-year low on Wednesday, falling for a second day after authorities devalued it in a move that sparked fears of a global currency war and accusations that Beijing was unfairly supporting its struggling exporters.
Re: China lets yuan fall further, fuels fears of currency war - mapoui - 08-12-2015
good. I will buy more renmimbi...
in fact I have. I ordered 200 CDN worth this mawning by phone. that is 3k worth I have bought since march.
that currency will revalue upwards soon enuff :-[
Re: China lets yuan fall further, fuels fears of currency war - renegade - 08-12-2015
How long. You buy currency
Re: China lets yuan fall further, fuels fears of currency war - spectre96 - 08-12-2015
China's dominance is sustainable this way,smart move!
Re: China lets yuan fall further, fuels fears of currency war - mapoui - 08-12-2015
Quote:How long. You buy currency
all the time..a little of a basket.
the best you can buy now is the Ruble... but you cant in Canada/USA..not available. but if I can get without a middleman and held somewhere safe I would buy more than I buy renminbi. Russia is very sound economically with a very low rate of debt..and busily developing infrastructure to replace imports. they have taken control their central bank so that does not work against them
I even have a few no-hopers like BG and Yardie. got rid of all my USD..and all euro currencies save some German Marks
Re: China lets yuan fall further, fuels fears of currency war - ketchim - 08-12-2015
Link up with a friend in the Far East or former USSR countries.
I hav a friend in Poland that can buy you the Rubles...
his wife just had a baby there : and he works here in T.O.
Re: China lets yuan fall further, fuels fears of currency war - mapoui - 08-12-2015
Quote:Link up with a friend in the Far East or former USSR countries.
I hav a friend in Poland that can buy you the Rubles...
his wife just had a baby there : and he works here in T.O.
I in that. but all is kosher with it?
I buy small but often. you see my scale. about 5-6k a year of currencies and silver