Search This Blog

Saturday, August 24, 2019

Huge risk-free arbitrage opportunity exists between the onshore and offshore RMB.

Blue line: CNH (offshore)
Black line: CNY (onshore)

Smart investors can buy RMB in HK and sell in China because they can exchange for more RMB in HK.  This is a risk-free investment opportunity. Cheers!
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)