Buy RMB

Re: [spiers] Buy RMB


>Does anybody know the best institution to buy RMB in Seattle area?


Linda,

The RMB is not freely convertible, so it is not legally for sale outside of
China, like yen or euros. Depending on for what and when you want the RMB,
there are many options. A bank can arrange a transaction, you can buy RMB on
your way into china... or get some in Hong kong.

Hong kong dollars may do the trick, again depening on what you want to
accomplish, or even just paying by credit card.

here is an article from beijing Review that might help.

http://www.bjreview.com.cn/200449/Cover-200449(B).htm

John

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