18 May, 2010

The Chinese Currency Will Not Go Up This Year

“If I had to take a bet, I’d say that the renminbi will not go up this year.”

in Business Week

Related: WisdomTree Dreyfus Chinese Yuan Fd (ETF) (Public, NYSE:CYB)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.