Devaluation of China’s foreign exchange reserves fell to 5 year lows shadow pgd-426

Devaluation of the shadow of China’s foreign exchange reserves fell to 5 year low exposure Sina fund exposure 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: People’s Bank of Chinese Chinese vision 7 released data show that, at the end of 9, the balance of China’s foreign exchange reserves of $3 trillion and 166 billion 382 million, compared to 8 at the end of a decrease of $18 billion 785 million, for the third consecutive month of decline, the lowest since June 2011. Foreign reserves exceeded market expectations. Compared to 7, August foreign exchange reserves fell $4 billion 105 million and $15 billion 890 million, respectively, in September to further increase the decline in foreign reserves. Analysts believe that in September the decline in foreign reserves and seasonal factors and the continued depreciation of the RMB is expected to. In addition, in September, after the accession to the SDR, the central bank will continue to maintain the stability of the exchange rate, the yuan will be greatly derogatory and other rumors continue. Senior bank financial research center researcher Liu Jian said in a news reporter on the interface, seasonal factors, mid autumn day and bring the purchase of foreign exchange increased demand; two is the devaluation of the renminbi lingering in September did not appear despite the rapid depreciation of the situation, but a narrow range, especially in the Fed’s decision not to raise interest rates, there is no clear out and after the entry of SDR RMB appreciation, will reduce rumors, also increased the purchase pressure, settlement sentiment increased. In addition, the expected decline in foreign reserves may also be related to the regulation of the central bank. Although September foreign exchange reserves decline has expanded, but considering the euro and the yen and other major international reserve currency has risen much, bond prices at record highs, some analysts believe that the $18 billion 800 million was still not fully reflect the September capital outflow pressure. Capitaleconomics economist Julian Evans-Pritchard said in the report, according to the estimates, the central bank in September Chinese sell about $27 billion to support the RMB exchange rate; China aggregate current account surplus in September will not have a significant change, so in September the capital outflow of about $40 billion in left and right. However, this remains to be verified by new BOP data. According to the external data storage, Liu Jian is expected in September of foreign exchange may also be 150 billion yuan decline. This is not large compared with the previous capital outflow of the larger month. Central bank data show that 12 at the end of 2015, the central bank caliber of RMB foreign exchange fell 708 billion 200 million yuan, the biggest drop in history, 1 at the end of this year, foreign exchange decreased again 644 billion 500 million yuan. But the overall trend from the first 3 quarters of this year, China’s foreign exchange reserves rise and fall, narrow range, basically stable at $3 trillion and 200 billion, foreign exchange will not reproduce the volatility at the beginning of the year, the overall trend of steady. The first half of the year the State Administration of foreign exchange data released recently showed that the first half of China’s capital outflow pressure eased, the capital and financial account deficit for the two consecutive quarter greatly narrowed. 2016 first quarter, capital and financial account deficit of $123 billion 400 million, compared to the theory of 2015相关的主题文章: