Published on Facebook on the October 25, 2023.
October 25, 2023,
the exchange rate US dollar and Chinese yuan may can go short, but may not must be accurate. It is just a personal investment analysis records,
December 13, 2023.
retrospect,
At that time (October 25), the exchange rate was at 7.3, A few days later, it started to decline, and on November 20th, the exchange rate dropped to around 7.16, and 7.11 later
If you short $500,000 (or $1M, 2M etc) , then after 20 days (falling to 7.15), your profit will be $10,000 ($20,000 etc.)
