Investing in the Chinese Yuan

The Chinese yuan, also referred to as the renminbi (“the people’s money”), is the legal tender issued by China’s monetary authority, the People’s Bank of China. The official currency has a floating exchange rate and China’s central bank controls its valuation in relation to other major currencies like the US dollar, euro, pound sterling, Swiss…

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How to Buy Gold – And What to Watch Out For When You Do

Investors frequently say “I’m going to buy gold.” But what does that actually mean? How do you buy gold? And if you’ve never purchased it before, how do you know what to watch out for when you do? It turns out that there’s no one way to buy gold. You can do it in various forms, including…

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Iraq’s Economy in 2017

Iraq’s economy has been languishing ever since the 2003 coalition invasion of that country. There’s been some improvement in the economy, but it comes in fits and starts. The economy makes significant progress for a time, and then reverses due to both internal and external factors. This includes the price of oil and the country’s…

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Will Iraqi Dinar Revalue

WILL THE IRAQI DINAR REVALUE? Despite the recent history of the Iraqi dinar being so weak, the potential for an Iraqi dinar revalue could be a game changer. A revaluation could take the currency out of the global currency basement, and put it back up on the main floor – where it had been for…

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The Iraqi Dinar vs the U.S. Dollar, and Other Currencies

The early part of October is proving to be a time of stability in the currency markets, particularly in regard to Iraqi dinar vs. other currencies. What Iraqi dinar is worth has remained in a holding pattern, as it has for much of 2017. What is Iraqi dinar rate is about the same as it…

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