http://tinyurl.com/2eg8mhc
How come?
Well, first of all, it's a blocked currency and some people say it's artificially low. The Chinese are the largest creditor nation in the world. They have a huge balance of trade surplus so they are doing many things right so normally it means a currency will rise.
They're not letting it rise as much apparently as they should, so as they continue to free it up, and they are freeing it up, you are going to see the renminbi go higher and higher. In the meantime, I get paid interest for owning the renminbi.
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