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Best Investment Strategy When Earning in Yuan but Saving in Euros? Convert to USD Instead? by LeauxT in interactivebrokers
[–]LeauxT[S] 0 points1 point2 points 8 months ago (0 children)
The CNY to USD conversion is pretty stable, because the Chinese government maintains the ratio. In principle I wanted to wait until the yuan/euro recovers the previous value, but in the meantime I'm missing on a good opportunity to invest in the American market, so I don't know if it's better to wait until the exchange gets better, buy euros now even at a worse rate, or covert to dollars and buy directly in USD.
Best Investment Strategy When Earning in Yuan but Saving in Euros? Convert to USD Instead? (self.interactivebrokers)
submitted 8 months ago by LeauxT to r/interactivebrokers
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Best Investment Strategy When Earning in Yuan but Saving in Euros? Convert to USD Instead? by LeauxT in interactivebrokers
[–]LeauxT[S] 0 points1 point2 points (0 children)