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A comment on U.S. Designates China as Currency Manipulator. Parent comment

Re:U.S. Designates China as Currency Manipulator by cetico on Tuesday August 06, 2019 @04:10AM (#20623222)
Every currency has onshore and offshore rates. For example, you can buy dollars or Eurodollars, which is simple US currency kept offshore.

Eurodollars have different exchange rates because they don't have the reserve requirements from the Fed. i.e: it's less regulated.

The RMB has a heavier regulation whereby the exchange rate isn't allowed to fluctuate. This does increase the difference in value for the onshore and offshore currencies.

But having that distinction does not by itself make it a currency manipulator.

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Re:U.S. Designates China as Currency Manipulator by rihegher on Tuesday August 06, 2019 @07:02AM (#20624054)
Where can i buy eurodollars?
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Re:U.S. Designates China as Currency Manipulator by latchkey on Tuesday August 06, 2019 @07:10AM (#20624099)
I didn't know much about eurodollars until I used google and read this article, which seems quite good.

https://www.investopedia.com/articles/active-trading/012214/...

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Re:U.S. Designates China as Currency Manipulator by Bayart on Tuesday August 06, 2019 @07:18AM (#20624132)
In terms of financial products, you can « buy » it through futures contracts (or options on futures). It's a pretty common product AFAIK, at least as far as FOREX goes.
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Re:U.S. Designates China as Currency Manipulator by bluetwo on Wednesday August 07, 2019 @12:23PM (#20636167)
For any other currency arbitrage keeps them the same.
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