China in September than expected decline in foreign reserves fell for third consecutive months tda7294

China’s foreign reserves in September fell more than third consecutive months of expected decline in the exposure of the Sina fund platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Source: Vision China’s foreign exchange reserves declined for three consecutive months, or more than expected, China’s foreign reserves fell to the lowest level in nearly 5 years. China’s foreign exchange reserves at the end of 9 to reduce U.S. $18 billion 800 million, down to $3 trillion and 166 billion 380 million, the market is expected to fall to $31800, the former value of $31852, in September the lowest level since the record in December 2011. Nomura China chief economist Zhao Yang said: the decline Chinese foreign exchange reserves mainly due to expansion of the central bank increased the exchange rate stability operation in September, through intervention in the foreign exchange market to sell dollars to stabilize the RMB exchange rate, thereby sacrificing a part of foreign exchange reserves. September yen appreciation, foreign exchange reserves should have a positive role in support, foreign exchange reserves fell still exceeded market expectations, indicating that the capital outflow of capital has expanded. In addition, one of the eleven seasonal factors before the holiday tourists swap demand is also the reason. With the United States is expected to increase interest rates, China’s central bank may allow the flexibility to increase the RMB exchange rate flexibility, so the decline in foreign exchange reserves before the end of the year will not significantly increase. Bloomberg believes that in the market speculation that China’s central bank may sell the dollar to support the RMB environment, China’s foreign reserves in September fell again exceeded expectations. October 1st officially incorporated into the RMB IMF SDR basket of currencies, marking a milestone in the internationalization of RMB step. RMB internationalization, as well as the Fed’s interest rate hike is expected to heat up the market, making the devaluation of the RMB pressure. CNH on Friday the offshore renminbi dollar fell to near 6.71, and onshore RMB CNY as the holiday did not open, the two rates exceeded 400 points, hit a four month high. China’s central bank also announced gold reserves data show that in September China’s gold reserves increased by 160 thousand ounces, reaching a total of $59 million 110 thousand, equivalent to $78 billion 169 million. Enter the Sina financial stocks] discussion相关的主题文章: