How can I invest a few hundred $ in Chinese Yuan?

Question

I foresee a steady climb in value for many years.

Although I don't see keyboards coming with replacement 4$ keys anytime soon...

Answer 1

Well yes you can on the currency exchange, but the spread( the difference you are charged for the Bid/Ask) is about 100 pips. So that would mean it would have to go up 100 pips just to break even.

Answer 2

From my understanding we are not allow to trade for Chinese Yuan in Canada.

The only way you can get Chinese Yuan is exchanging from Chinese who has Chinese Yuan on hand and want to exchange for CDN or you can travel to China and buy some Chinese Yuan.

Answer 3

Your local bank should have an investment group.