October 16, 2012 at 13:15 PM EDT
Currency ETFs: Chinese Yuan Strengthens to 20-Year High
Investors are bullish on the yuan as it has held up against the U.S. dollar despite the weakening Chinese economy. Focused exchange traded funds are a safer way to play the upside of the yuan as it appreciates. “China’s yuan rose against the U.S. dollar late Monday to the second-highest...
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