Jim Rogers: Yuan to Triple, Quadruple Over the Next Few Decades
March 26, 2010 at 13:10 PM EDT
Jim Rogers, one of the world’s most famous investors, recommends buying the Chinese yuan as the currency’s value will surge over time. “I expect the renminbi to double, triple, quadruple over the next few decades,” Rogers said on CNBC. “Just as the Japanese yen…went up 400% over the past few decades against the dollar, [...]
