Jim Rogers believes that it will double or triple in the next decade or two, similarly to what the yen did in the past. He owns the Renminbi and every time he can, he buys more. According to private bankers, banks in Singapore offer accounts to foreign citizens, where they can buy offshore Yuan, and put it on deposit for yield of up to 1.3% per year. That seems the best option for people who want to buy yuan.
February 29, 2012
One of the investments Jim Rogers likes most is the Renminbi (RMB) or so called “Yuan”
