Friday, January 6, 2017
China tries to stop weakening of Yuan
China's central bank boosted the Yuan to the biggest single day increase since July 2005. The daily price fixings with the Yuan impacts the Chinese EB-5 Investors when converting currency to the dollar. Potential EB-5 investors keep close watch on currency exchange rates during their immigration process. We expect the Yuan to decline in the long run but will continue to keep close watch.