chinese yuan

Chinese Yuan Carry Trade Currency Basket – Nine Months Later and 43% Greater

Back on March 20, 2007, TheFinancialWhiz.Com started an experiment of combining a basket of nine currencies versus the Chinese Yuan. The goal of the basket was to generate positive interest payments from the long currency holdings, with a secondary goal of generating capital appreciation. The results: 43% return and a Sharpe Ratio of 1.37.

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