InvestorsHub Logo
Followers 552
Posts 38257
Boards Moderated 3
Alias Born 06/14/2004

Re: $hellKing post# 10

Monday, 08/20/2007 2:00:10 PM

Monday, August 20, 2007 2:00:10 PM

Post# of 19
Here is a currency conversion of 65 million Yuan

65,000,000 Chinese Yuan Renminbi = 8,569,545 US Dollar

65,000,000 US Dollar (USD) = 493,025,000 Chinese Yuan Renminbi (CNY)

Interbank rate +/- 0%

This means:
You buy 65,000,000 Chinese Yuan Renminbi : 8,569,545 US Dollar
You sell 65,000,000 Chinese Yuan Renminbi : 8,547,009 US Dollar
You buy 65,000,000 US Dollar : 493,025,000 Chinese Yuan Renminbi
You sell 65,000,000 US Dollar : 494,325,000 Chinese Yuan Renminbi

Median price = 0.13149 / 0.13184 (bid/ask)
Minimum price = 0.13149 / 0.13184
Maximum price = 0.13149 / 0.13184


Looks like we had or have a capital of over 8.5 million dollars.

This may have been 3 yrs ago so with growth who knows if we are sitting at 30 million+ or not.....

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.