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The Case for the Chinese Yuan
Investors may look back at the liquidity crisis of 2008 as the inflection point that affirmed China as a global economic superpower. During this time, the majority of emerging market currencies suffered as investors fled higher-risk currencies. However, the Chinese yuan largely tracked the safe haven flight to the U.S. dollar, and investments providing exposure to movement in the yuan generated a positive return and exhibited low volatility during the most volatile market environ
Submitted by
etfguy
11/18/2009
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etfguy
11/18/2009
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CYB
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