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How to Invest in Chinese Currency RMB in Singapore? Many people are interested in investing in the Chinese currency - the RMB. But how can one invest in it with RMB being a controlled currency? [VIEW ARTICLE]Comments RSS Feed For This Article: |
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Subject: CHINA RMB
Well I know this isn't a popular method and I've found that many individuals don't mention but as you know anyone in the US can exchange there dollars for RMB denominations at money exchange centers. I've accumulated nearly $10k worth of RMB this way. It's great because there is no commission and you can hold them at a safety deposit box at your local bank. Don't believe the hype people it's much safer this way and you don't have to worry about having enough capital to invest in the forex markets.