Monday, May 7, 2018

USD

Last year USD was at the peak. It came down and now headed up inches. 
Yuan has been up against the USD for the last 5 years at about 20% from my rough estimate as a tourist.
A strong dollar may not be good for investing: 1. Our products are more expensive overseas (so for tourists to US) and 2. The profits from overseas would be reduced when converting to USD.

No comments:

Post a Comment