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- Recorded by HardAssetsInvestor |
- June 21, 2010
Commodities Under A Rising Yuan
- Details
Is the Chinese yuan set to rise against the dollar? And if so, what effect will it have on commodities prices?
As the Chinese Central Bank plays games with its currency, commodities traders wait to see whether the currency of the world's biggest commodities buyer looks ready to rise. But what will an appreciating yuan mean for hard asset prices? Associate Editor Lara Crigger explains.
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Links:
China's Yuan Rises to Highest Level Against Dollar in Modern Era
Commodities Could Get Lift from Stronger Yuan
Episode 120: The China Effect On Ags
Steel: China Vs. U.S.
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