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Exchange Rates Of The Chinese Renminbi, Yuan... | Currencies and banking topics #21
 
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Information Source: "Bank Of China" United States Dollar (USD) to Renminbi (RMB) … United Arab Emirates Dirham (AED) to Renminbi (RMB)… Brazilian Real (BRL) to Renminbi (RMB)… South Korean Won (KRW) to Renminbi (RMB)… Russian Ruble (RUB) to Renminbi (RMB)… Euro to Renminbi (RMB)… Indian Rupee (INR) to Renminbi (RMB)… Turkish Lira (TRY) to Renminbi (RMB)… Japanese Yen (JPY) to Renminbi (RMB)… USD to Yuan (CNY)… AED to Yuan… EUR to Yuan… INR to Yuan… TRY to Yuan… RUB to Yuan… BRL to Yuan… KRW to Yuan… AED to Yuan… YPY to Yuan… CNY exchange rates… RMB exchange rates… China currency rates… Exchange Rates Of The Bank Of China (BOC) Yuan prices... CNF Forex Rates... China's money rates... Курсы китайского юаня ... 中国银行汇率(BOC) Курсы валют Банка Китая (BOC) ... Çin Bankası Döviz Kurları (BOC) ... बैंक ऑफ चाइना (बीओसी) की विनिमय दरें ... أسعار صرف بنك الصين (بوك) ... 中国銀行の為替レート(BOC)... Taxas de Câmbio do Banco da China (BOC) ...
Views: 11937 BusinessMediaguide.Com
Chinese Renminbi, Yuan Exchange Rates...  | Currencies and banking topics #43
 
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Exchange Rates of the Chinese currency Renminbi, Yuan... United States Dollar (USD) to Renminbi or Yuan (RMB, CNY) … United Arab Emirates Dirham (AED) to Renminbi or Yuan (RMB, CNY)… Brazilian Real (BRL) to Renminbi or Yuan (RMB, CNY)… Russian Ruble (RUB) to Renminbi or Yuan (RMB, CNY)… Euro to Renminbior Yuan (RMB, CNY)… Indian Rupee (INR) to Renminbi or Yuan (RMB, CNY)… Turkish Lira (TRY) to Renminbi or Yuan (RMB, CNY)… Japanese Yen (JPY) to Renminbi or Yuan (RMB, CNY)… Philippine Peso (PHP) to Renminbi or Yuan (RMB, CNY)… USD to Yuan (CNY)… AED to Yuan… EUR to Yuan… INR to Yuan… TRY to Yuan… RUB to Yuan… BRL to Yuan… PHP to Yuan… AED to Yuan… YPY to Yuan… CNY exchange rate today… RMB exchange rates… China currency rates… Exchange Rates Of The Bank Of China (BOC) Yuan prices... CNF Forex Rates... China's money rates... Курсы китайского юаня ... 中国银行汇率(BOC) Курсы валют Банка Китая (BOC) ... Çin Bankası Döviz Kurları (BOC) ... बैंक ऑफ चाइना (बीओसी) की विनिमय दरें ... أسعار صرف بنك الصين (بوك) ... 中国銀行の為替レート(BOC)... Taxas de Câmbio do Banco da China (BOC) ... USD/CNY, EUR/RMB, PHP/CNY, BRL/RMB, TRY/CNY, INR/CNY How much is one dollar in China... how much is 1 dollar worth in china... How much one euro equal in yuan... Yuan exchange rate chart... how much is renminbi or yuan in dollars... how much 1 euro in yuan... yuan vs dollar... 1 yuan is equal to how many rupees... Cinese currency forex exchange rate...
Pegging the yuan | Money, banking and central banks  | Finance & Capital Markets | Khan Academy
 
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How the Chinese Central Bank could peg the Yuan to the dollar by printing Yuan and buying dollars (building up a dollar reserve). Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/currency-tutorial/v/chinese-central-bank-buying-treasuries?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/currency-tutorial/v/currency-effect-on-trade-review?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: This tutorial walks through how China's undervaluing of its currency impacts trade and prices (which also fuels cheap borrowing for the U.S.). About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 112881 Khan Academy
China and U.S. agree to market-oriented currency exchange rate
 
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Both China and the United States have agreed that the market should play a decisive role in determining currency rates and oppose deliberate currency devaluation for competitive purposes, Yi Gang, the governor of the People's Bank of China, said at a press conference in Beijing on Sunday. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Website: https://www.cgtn.com/ Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing Tiktok: https://m.tiktok.com/h5/share/usr/6593878228716666886.html?u_code=d1kab7mki4ai6e&utm_campaign=client_share&app=musically&utm_medium=ios&user_id=6593878228716666886&tt_from=copy&utm_source=copy Douyin: https://www.youtube.com/redirect?q=http%3A%2F%2Fv.douyin.com%2F8QTXhV%2F&redir_token=WkBScl40kZbx7ZwJ9M7QhhTjErx8MTU0NTcyMTg3N0AxNTQ1NjM1NDc3&event=channel_description
Views: 787 CGTN
China's central bank vows to keep exchange rate stable
 
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중국 인민은행 구두개입…"환율 안정 유지" China's central bank vowed to keep its currency stable and continue with its economic stimulus policy. The bank's deputy governor said People's Bank of China will try to keep the yuan from weakening past the key seven-yuan-per-dollar level through its monetary policy tools. Beijing's currency has lost almost three percent to the greenback this month amid rising trade tensions. The last time it weakened past seven dollars was more than ten years ago. A weakening yuan could help raise the country's exports by lowering its prices but it could also trigger capital flight. Arirang News Facebook: http://www.facebook.com/arirangtvnews
Views: 75 ARIRANG NEWS
Definition of exchange rate
 
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Definition of exchange rate #exchange #rate exchange rate XE - The World's Trusted Currency Authority X-Rates: Exchange Rates Currency Converter | Foreign Exchange Rates | OANDA Live Exchange Rates | OANDA Exchange Rates BOC EXCHANGE RATE(new) Exchange rate - Wikipedia Exchange Rates - Bank of Canada Foreign Currency Exchange Rates | Scotiabank currency exchange google exchange rate today exchange mail exchange rate indian rupees to saudi riyal indian rupee exchange rate currency exchange live live currency converter محول العملات جوجل Exchange rates graphs - NZD USD | ANZ Exchange Rates - Visa Europe Exchange Rate Definition | Investopedia Exchange Rates Foreign Currency T/T Exchange Rates - Hang Seng Bank ... Exchange Rate Alerts | Rate Notifications by TransferWise Foreign Exchange Rates | BMO Bank of Montreal Exchange Rates - Banque Misr Bank of Israel - Exchange Rates Central Bank of Sri Lanka - Exchange Rates Exchange rates - BNZ Exchange Rates | Bank Negara Malaysia | Central Bank of ... Exchange Rate Notifications - Central Board of Excise and ... abokiFX | Your daily Naira exchange rate Foreign exchange rates | Australian Taxation Office Foreign exchange rates | International & Migrant - Westpac ... Euro exchange rates USD - European Central Bank - Europa Currency Converter | Get Live Currency Exchange Rates | ... Foreign Exchange Rates New Zealand Customs Service : Customs rates of exchange Currency converter & exchange rate calculator | Travelex PACIFIC Exchange Rate Service FRB: H.10 Release--Foreign Exchange Rates--Country Data UN Operational Rates of Exchange - Rates Exchange Rates | RBA Treasury Reporting Rates of Exchange - Bureau of the ... Currency Exchange Rates - Investing.com USD to MXN Exchange Rate - Bloomberg Markets Exchange Rate Archives by Month - IMF T/T Exchange Rates against HKD | Investment | Bank of ...
Floating vs. Fixed Exchange Rates- Macroeconomics 5.4
 
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Float it or fix it? Mr. Clifford expalins the difference between floating and fixed exchange rates and how countries peg the value of their currency to another currency. Make sure to watch this video first: https://www.youtube.com/watch?v=9DVYVfI81R8
Views: 307262 Jacob Clifford
Free Renminbi Exchange Rate versus the Dollar
 
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http://www.theforexnittygritty.com/forex/free-renminbi-exchange-rate-versus-the-dollar Free Renminbi Exchange Rate versus the Dollar By www.TheForexNittyGritty.com China is allowing banks to set a free Renminbi exchange rate versus the dollar in over the counter trading. This may well be a first step in freeing its currency from state control according to a Reuter's article reported in the New York Times. China has permitted banks to freely set their own exchange rates for the renminbi against the dollar in over-the-counter transactions - another step toward freeing the exchange rate from government control. China has been moving slowly toward a free floating currency although slower than North American and European nations would have liked. Most recently banks were required to set Renminbi US dollar exchange rates within three percent of a government dictated exchange rate. The bottom line to a free Renminbi exchange rate versus the dollar is that China believes that its currency is now fairly priced versus the US dollar. As such a free Renminbi exchange rate versus the dollar or other major currencies will not result in a run on the dollar or a run on the Renminbi. Renminbi Internationalization It is a goal of the Chinese government to internationalize the Renminbi. According to the Euromoney online the move to a free Renminbi exchange rate versus the dollar is meant to further the Renminbi's internationalization. A common complaint of companies working in China is managing liquidity with what has been a government controlled currency. In a survey conducted by Euromoney's Research Group in association with ICBC on the Renminbi's rise, close to 3,000 treasury and finance professionals of international companies with exposure to China responded and shared their views on renminbi liquidity management, cross-border trade settlement, inter-company invoicing and some of the main operational challenges corporate treasurers face in the country. Additionally, China would like to have the clout that the US does in international affairs as seen in the ability of the United States and its Western allies to shut down trade with rogue nations via the international banking system. A free Renminbi exchange rate versus the dollar could be viewed with that aspect in mind as well. Free Trade, Fair Trade and Central Banks A seemingly eternal complaint of the North Americans and Europeans is how China manipulates its currency in order to drive up the value of the US dollar and Euro. This practice has made Chinese products more competitive and resulted in the growth of the Chinese industrial machine. Now that there is a move to a free Renminbi exchange rate versus the dollar, one might be naïve enough to think that currency manipulation is over with. Think again. Central Banks are always free to buy and sell currencies and even with a free floating Renminbi the People's Bank of China can still buy dollars to drive the price up and maintain a competitive advantage in trade. Meanwhile China is poised to pay for Russian oil and natural gas in Renminbi, trade Renminbi in London and is setting up Renminbi clearing bank in South Korea to facilitate a bilateral trade deal and trade denominated in Renminbi. Chinese and South Korean leaders have pledged to sign a bilateral trade agreement by the end of this year and introduce direct trading of their currencies to spur cross-border renminbi transactions and deepen economic ties in two of Asia's largest economies. So much for the USD as the only currency to trade against the minor currencies of the world! http://youtu.be/H0e5BJAYo-U
Views: 2449 ForexConspiracy
The relationship between the Current Account Balance and Exchange Rates
 
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This lesson will illustrate how trade flows should lead to appreciation and depreciation of currencies in a floating exchange rate system, and then explain how in the case of China, central bank policy aimed at buying large quantities of US government debt keeps the supply of Chinese currency high in the US and the demand for US dollars high in China. This means the dollar remains stronger than it otherwise might relative to the Chinese RMB, contributing to the persistent trade deficits the US exhibits in its trade with China. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 117269 Jason Welker
Word of the Day: Currency Peg
 
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Watch more Capital Account @ http://www.youtube.com/CapitalAccount http://twitter.com/laurenlyster http://twitter.com/coveringdelta A currency peg, otherwise referred to as a fixed exchange rate, is a type of exchange system wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. The most readily well-known "currency manipulator" is China, which pegs the yuan to the us dollar. Their's is a flexible peg, but a peg nonetheless, and we look at this during our word of the day, as well as the case of Argentina. These are two very different types of currency pegs. In the case of the yuan, China artificially undervalues their currency relative to the dollar, in an effort to cheapen their exports and drive growth with sales to the US and other countries. This is an export led growth model, facilitated by a cheap currency. The people's bank of china achieves this buy regularly going out into the open market and buying us dollars in return of chinese yuan. This helps to push down the value of the yuan relative to the dollar, cheapening the chinese currency, but also causing inflation domestically because china has to print all this extra money in order to soak up the USD it buys. When a country like china loosens it's peg, its currency will naturally rise. In the case of Argentina, the central bank in that country was keeping its currency artificially high relative to the USD. When Argentina headed into depression during the early 2000's it became increasingly difficult for the country to maintain the peg, because in the case of countries that are artificially increasing the value of their currency, the national central bank had to intervene in the market by selling foreign exchange reserve in return for pesos. This had its limits, since the Argentinian central bank only had so many reserves to sell. The advantage of having a strong and stable currency, as was the case in Argentina throughout the 90's is that it attracts a lot of foreign capital. However, when times get tough, a lot of that capital can leave and then you can find yourself bankrupt very quickly.
Views: 9961 RT America
China’s exchange rate policy over the past decade
 
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Ben Bernanke explains the recent changes in China’s exchange rate and economic policy and why they are positive for the country’s economy. https://www.brookings.edu/events/gaining-currency-the-rise-of-the-renminbi/ On September 23, the Global Economy and Development program at Brookings hosted the launch of “Gaining Currency: The Rise of the Renminbi,” featuring the book’s author, Brookings senior fellow Eswar Prasad. Subscribe! http://www.youtube.com/subscription_center?add_user=BrookingsInstitution Follow Brookings on social media! Facebook: http://www.Facebook.com/Brookings Twitter: http://www.twitter.com/BrookingsInst Instagram: http://www.Instagram.com/brookingsinst LinkedIn: http://www.linkedin.com/com/company/the-brookings-institution
Views: 1865 Brookings Institution
China & USA Impacting Australian Dollar: Exchange Rate Update (July 16th)
 
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Australian Dollar Exchange Rate Update // Tariff changes between the US and China continue to affect currencies around the globe. Find out where the Australian dollar is currently sitting and where it could go next. 3-Minute Read - To read more about the forecasts from major Australian banks, you can read our article here: http://bit.ly/2AhS1bd. ***The mid market exchange rates, or actual exchange rates, were collected on Saturday July 14 at 11am. The average bank rates were calculated at the same time using publicly available website pages from Australia’s big four banks; Westpac, ANZ, NAB and Commonwealth Bank. ____________________________________________________________________ Subscribe here: http://bit.ly/2yrSi7B Facebook: https://www.facebook.com/TheCurrencyS... LinkedIn: https://www.linkedin.com/company/the-... Website: https://www.thecurrencyshop.com.au ____________________________________________________________________ Contact us: 1800 004 930 [email protected] ____________________________________________________________________ This video is for informational purposes only and is not to be construed as an offer to buy or sell any currency or other financial instruments. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. You should consider whether any advice or recommendation in this research is suitable for your particular circumstances. The mid market exchange rates, or actual exchange rates, were collected from XE.com on Saturday July 14th at 11am. The average bank rates were calculated at the same time using publicly available website pages from Australia’s big four banks; Westpac, ANZ, NAB and Commonwealth Bank.
Views: 216 The Currency Shop
Us Dollar Exchange Rate Today .  india/sri lanka/philippine/china/iran/nepal/
 
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Views: 1938 life entertainment
Central Bank of China Drops Yuan Exchange Rate to 5-Month Low
 
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Central Bank of China Drops Yuan Exchange Rate to 5-Month Low Mathew Paul
Views: 6 Mathew Paul
People's Bank of China pegs RMB to various market forces
 
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China announced exchange rate reforms last year to make the yuan's value more market-driven. To make it even more responsive, the People's Bank of China announced Tuesday that it will now peg the yuan's value to a variety of market forces, including the previous day's inter-bank closing rate, market supply and demand, and price movements in other major currencies besides the U.S. dollar.
Views: 1037 CGTN America
Getting Money In and Out of China
 
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What is the best way of getting money in and out of China? If you are coming to China, should you bring cash or credit cards? Will your bank card work in ATMs and Chinese banks? What is the exchange rate in China? Can you use USD in China? Want to survive in China? Let me show you how. Join me on Facebook: http://www.facebook.com/winstoninchina Support me on Patreon: http://www.patreon.com/serpentza Twitter: @serpentza Music used: starlitdeception.s3m
Views: 69573 serpentza
How Does China Control Exchange Rates? Devaluation vs Depreciation of Currency, Current Affairs 2018
 
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Views: 16463 Study IQ education
One year after China’s exchange rate reforms
 
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Last August, China took a big step to reform its exchange rate system, allowing for market forces to play a greater role in the yuan's daily value. One year on, how much has changed? Xu Sitao, Chief Economist from Deloitte China, and Nicholas Lardy, Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics, discuss the progress. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 665 CGTN
China‘s new exchange rate system and its consequences
 
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14 August 2015: In China’s new, freer exchange rate system the country’s macroeconomic weaknesses will have a bigger impact on the exchange rate. We have therefore revised our USD-CNY forecast substantially upwards. Nonetheless, we still believe that the first US interest rate hike is more likely to happen in September than in December. For more information please click refer to the web site of our Chief Economist https://www.commerzbank.de/en/hauptnavigation/research/research.html
Views: 191 Commerzbank AG
Saudi Arabia Riyal Exchange Rate Today - india/sri lanka/philippine/china/iran/nepal
 
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Views: 2445 life entertainment
PBoC: Yuan exchange rate stable
 
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China's central bank reiterated its stance on the country’s foreign reserve and foreign exchange rate on the sidelines of the G20 meetings in Shanghai. People's Bank of China’s governor Zhou Xiaochuan said the recent fluctuation in foreign reserves is reasonable and the yuan’s rate is stable against a basket of currencies. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 185 CGTN
World Insight— China exchange rate; Asia's billionaires 08/12/2016
 
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Views: 1333 CCTV English
Yuan-Niversary: One year since exchange rate reform
 
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It has been a year since the People's Bank of China (PBOC) carried out extensive exchange rate reform, marketizing the yuan’s exchange rate against the dollar. The PBOC now maintains the stability of the yuan against a basket of currencies set by the International Monetary Fund (IMF), fixing the yuan's daily trading midpoint according to the currencies' closing rates on the previous day. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 482 CGTN
Inside the Chinese Basket: Is China Manipulating the Currency Exchange Rate?
 
01:29:39
Speaker: Kazuo Yamazaki "Everybody is talking about China. In fact, everybody should be talking about China. According to the Nobel Laureate economist Joseph Stiglitz of Columbia University, China is today experiencing "the most remarkable economic transformation in history." But this "most remarkable economic transformation in history" has come with its cost, and this cost could be huge. Economists such as Morgan Stanley Andy Xie argues that China has been stuck in "macro trap" that disallows itself to freely control its interest rate or the exchange rate, and the hard landing due to the real estate bubble in 2007-08 is very possible. The other side of the picture of China's trade surplus has been the US current account deficit that has reached an unprecedented level of $820 billion in 2005 alone. Policymakers such as Schumer and Graham have been trying to impose tariff rates on the Chinese imports. Now Grassley and Backus are taking actions to put sanctions on the Chinese imports if necessary. John Snow of the US Treasury Department expressed his opinion that China has been manipulating its currency exchange rate for its export advantage. Chinese President Hu Jintao came to Washington to discuss the trade friction issue with President Bush but only left without making much progress. People's Bank of China has recently risen its domestic lending rate by 27 basis point and appreciated RMB below 8RMB-1USD. Yet, the internationally community remains unsatisfied. The world has seen such trade frictions before; during the Great Depression or the rise of Japan in the 1980s. Unfortunately, the world has never witnessed any good result out of these economic conflicts either. For example, economists such as Robert McKinnon of Stanford University points out that one of the main causes of Japan's Lost Decade in Great Deflation was due to the forced appreciation of Japanese Yen in the 1980s. My research combines information from different credible sources, and reaches several conclusions. Some of them are: 1) There has been an economy recycle between the US and China. 2) China does manipulate currency exchange rate, although plenty of countries have done the same in history. 3) People's Bank of China has not raised its rate partially to justify the devalued exchange rate of Chinese currency Rembini. 4) RMB is pegged to the basket with the USD being the dominant force inside the basket. 5) The global imbalance has been expanding in its magnitude day by day, and both China and the US have roles to play."
Views: 1332 aaaricuny
PBOC: China will not use the exchange rate as a trade tool
 
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"We will not use the currency exchange rate as a tool to gain trade advantages, to boost our export, or to restore trade friction," said Yi Gang, the governor of the People's Bank of China (PBOC). #TwoSessions #RMB #China Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Website: https://www.cgtn.com/ Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing Tiktok: https://m.tiktok.com/h5/share/usr/6593878228716666886.html?u_code=d1kab7mki4ai6e&utm_campaign=client_share&app=musically&utm_medium=ios&user_id=6593878228716666886&tt_from=copy&utm_source=copy Douyin: https://www.youtube.com/redirect?q=http%3A%2F%2Fv.douyin.com%2F8QTXhV%2F&redir_token=WkBScl40kZbx7ZwJ9M7QhhTjErx8MTU0NTcyMTg3N0AxNTQ1NjM1NDc3&event=channel_description
Views: 304 CGTN
China’s New Exchange Rate Regime: Structural Reform Or Competitive Devaluation?
 
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The People's Bank of China (PBOC) changed its currency regime earlier this week. This surprised the market, leading to an unexpected weakening of the “redback.” Paul Gruenwald, Asia-Pacific Chief Economist, explains what happened, the motives behind these moves and what to expect next.
Views: 372 S&P Global Ratings
Nigerian Central Bank sets new exchange rate for certain consumers
 
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Nigeria has set a new naira exchange rate for consumers with certain foreign expenses and stepped up dollar sales on the official market to narrow the spread with the black market. Analysts doubted whether the moves would draw investors back to the suffering economy. The regulator said Nigerians can now get the dollar at N360 across all commercial banks within the country. Nigeria is battling a currency crisis brought on by low oil prices. The prices have tipped its economy into a recession, hammered its dollar reserves and created chronic dollar shortages, frustrating businesses and individuals. The central bank, opposed to a free naira float, has been selling the U.S. currency on the official currency market to try to narrow the spread with the black market rate, which was at 390 last week, albeit down from 520 to the dollar a month ago.
Views: 2402 CGTN Africa
RMB Exchange Rate to Remain Stable in 2017: Central Bank Governor
 
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The exchange rate of China’s currency the Renminbi (RMB) will remain stable in 2017 along with reform and economic efforts, said People’s Bank of China (PBOC) governor Zhou Xiaochuan, on Friday. Zhou made the remarks at a press conference on the sidelines of the fifth session of the 12th National People's Congress (NPC) when answering a question on what measures the central bank will take in 2017 to stabilize the RMB’s exchange rate, which went through relatively stronger fluctuations last year. The governor first explained why the fluctuations in 2016 were stronger than usual. He attributed the difference to two reasons. First is that in the second half of 2016, China’s foreign investments and overseas spending grew higher than in previous years due to Chinese enterprises’ growing interest in purchasing foreign companies. Secondly, the U.S. dollar grew stronger with a faster-than-expected pace after the election of U.S. President Donald Trump. As for the RMB exchange rate in 2017, Zhou said it will remain stable due to healthier development of the Chinese economy and the progress made in reforms. "We believe that this year, along with the steady and healthier development of the Chinese economy, and the progress of structural reforms on the supply-side, and the work on destocking, deleveraging, overcapacity cut and reducing costs and strengthening weak economic links, as well as the world’s stronger confidence in the Chinese economy, the RMB exchange rate will be automatically granted with a stable developing trend," said Zhou. Meanwhile, the consistency in monetary policies and more elaborated implementation of these policies will also contribute to the stabilization of the RMB exchange rate in 2017, Zhou added. However, the normal fluctuation in the RMB exchange rate cannot be ruled out, as no one can predict what uncertainties and affairs are going to happen, said Zhou. "Of course the foreign exchange market has always been a sensitive market. It will show constant fluctuations with the impact of the affairs happening in the global economy and in China. So nobody can give a precise prediction over what uncertainties will come up in 2017, and what affairs will take place. Therefore, the normal fluctuation in the exchange rate should be regarded as a normalcy. It is a normal situation," he said. http://www.cctvplus.com/news/20170310/8045009.shtml#!language=1 Subscribe us on Youtube: https://www.youtube.com/c/CCTVPlus CCTV+ official website: http://www.cctvplus.com/ LinkedIn: https://www.linkedin.com/company/cctv-news-content Facebook: https://www.facebook.com/NewsContent.CCTVPLUS Twitter: https://twitter.com/CCTV_Plus
HK banks to offer Chinese currency deposit services
 
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1. Various exterior shots of Bank of China Hong Kong 2. Various exteriors of the Hong Kong and Shanghai Banking Corporation Limited 3. Wide interior of the Hong Kong and Shanghai Banking Corporation Limited 4. Close up a sign showing bank services 5. Various a bank teller counting Renminbi notes 6. Wide of putting Renminbi notes into a note-counting machine 7. Close up notes coming through from the machine 8. Various set up of Vincent Kwan, Chief Economist of Hang Seng Bank Hong Kong 9. SOUNDBITE (English) Vincent Kwan, Chief Economist of Hang Seng Bank Hong Kong: "Hong Kong will become the first city outside mainland China that can offer investors a first taste of Renminbi financial services. So in this sense it''''''''s a giant step for mainland China actually, because by allowing Hong Kong people to exchange Hong Kong dollars into Renminbi though with their limit, it still represents a relaxation of capital control by mainland China. In such a case, I think probably it paves way for future relaxation in the future." 10. Wide of Vincent Kwan 11. SOUNDBITE (English) Vincent Kwan, Chief Economist of Hang Seng Bank Hong Kong: " By allowing them (mainland visitors) to use credit card in Hong Kong, effectively, they lifted the limit of these outgoing visitors in carrying money in Hong Kong, currently they are limits for them. I think for Hong Kong financial services and Hong Kong as a financial centre, it''''''''s very important that funds are being gathered in a place and Hong Kong can provide all kinds of financial services." 12. Wide of an exchange shop 13. Mid of customers exchanging money 14. Sign writing money exchange 15. Various of commercial buildings in Hong Kong 16. Various of street scenes in Hong Kong STORYLINE: Hong Kong banks can begin to offer individual Renminbi (RMB) services including deposit, exchange, remittance and credit card to their customers on a trial basis on Wednesday. Bank of China Hong Kong (BOCHK), Hong Kong''''''''s second largest bank, starts to provide Renminbi savings and fixed deposits with maximum interest rates of up to 0.5 per cent and up to 0.55 per cent per annum respectively. As for exchange services, BOCHK, the only Renminbi clearing bank in the territory appointed by the People''''''''s Bank of China, provides RMB banknote and HKD (Hong Kong dollar) two-way exchange service to personal customers. Each customer is entitled to exchange up to 20,000 yuan (around 2,400 US dollars) through a deposit account. The Chief Economist of Hang Seng Bank, Vincent Kwan, said that he does not think the RMB deposit service will have a significant impact on the economy immediately, with daily personal exchange limits currently fixed at 20,000 yuan. He added that the significance of the RMB banking service is more symbolic than functional. Apart from Renminbi deposit services, Vincent Kwan added that allowing mainland visitors to use credit cards in Hong Kong helps remove barriers to the flow of funds between mainland China and Hong Kong. The maximum interest rates offered among Hong Kong banks for Renminbi savings deposit are between 0.5 to 0.75 per cent, and fixed deposit are between 0.55 to 0.78 per cent per annum. The rates are higher than that offered in Hong Kong dollars saving accounts. The Hong Kong and Shanghai Banking Corporation Limited has no firm date when it intends to start the RMB services yet. Exchange shops currently provide currency exchange services including the RMB in Hong Kong. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/894763872b5078b71e90f8be5f55e880 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 525 AP Archive
UAE Dirham (AED) Exchange Rate...  | Currencies and banking topics #38
 
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Official Exchange Rates Of The United Arab Emirates Dirham (AED)... (Information Source: Central Bank Of United Arab Emirates) 1 USD United States Dollar to UAE Dirham 1 EUR Euro to UAE Dirham 1 JPY Japanese Yen to UAE Dirham 1 CNY Chinese Yuan to UAE Dirham 1 SAR Saudi Arabian Riyal to UAE Dirham 1 INR Indian Rupee to UAE Dirham 1 AUD Australian Dollar to UAE Dirham 1 PKR Pakistani Rupee to UAE Dirham 1 QAR Qatari Riyal to UAE Dirham 1 RUB Russian Ruble to UAE Dirham 1 KRW South Korean Won to UAE Dirham 1 PHP Philippine Peso to UAE Dirham 1 MYR Malaysian Ringgit to UAE Dirham 1 EGP Egyptian Pound to UAE Dirham 1 IDR Indonesia Rupiah to UAE Dirham Forex Exchange Rates… uae dirham rate today... UAE currency market... Today AED rate… AED forex action... Currency prices in Dubai, UAE... أسعار الصرف الرسمية لدولة الإمارات العربية المتحدة ... Taxas de câmbio oficiais do Dirham dos Emirados Árabes Unidos ... 阿拉伯联合酋长国迪拉姆的官方汇率...... Taux de change officiels du dirham des Émirats arabes unis ... アラブ首長国連邦ディルハム公式為替レート... Официальный обменный курс Объединенных Арабских Эмиратов Dirham ... संयुक्त अरब अमीरात Dirham के आधिकारिक विनिमय दर ... Offizielle Wechselkurse der Vereinigten Arabischen Emirate Dirham ... Курсы обмена валюты в Дубае, ОАЭ ... أسعار الصرف في دبي ، الإمارات ... Taxas de Câmbio em Dubai, Emirados Árabes Unidos ... نرخ ارز در دبی، امارات متحده عربی ... ドバイ、アラブ首長国連邦の為替レート دبئی، متحدہ عرب امارات میں ایکسچینج کی شرح ... ദുബായ്, യുഎഇ എക്സ്ചേഞ്ച് ... Tipos de cambio en Dubai, Emiratos Árabes Unidos ... Taux de change à Dubaï, EAU ... USD/AED, EUR/AED, JPY/AED, PHP/AED, CNY/AED, SAR/AED, AUD/AED, INR/AED, PKR/AED, QAR/AED, IDR/AED, EGP/AED
UK pound sterling exchange rate ... | Currencies and banking topics #72
 
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Today USD dollar,Euro,Pound,INR,BDT currency exchange rate in Bangladesh Bank
 
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Views: 15066 Himun Official
What is currency manipulation? | CNBC Explains
 
04:06
President Trump has backtracked on calling China a currency manipulator, but what does it mean exactly? CNBC's Uptin Saiidi explains. ----- Subscribe to CNBC International: http://cnb.cx/2gft82z Like our Facebook page https://www.facebook.com/cnbcinternational Follow us on Instagram https://www.instagram.com/cnbcinternational/ Follow us on Twitter https://twitter.com/CNBCi Subscribe to our WeChat broadcast CNBC_international
Views: 154376 CNBC International
Business Nightly: PH, China sign deal to set up peso-renminbi exchange
 
03:16
There was much fanfare at the local currency market, as the Central Bank and Bank of China's Philippine unit signed a deal to set up a peso-renminbi trading platform. Finance chief Carlos Dominguez III is also advocating for a peso-yen trading exchange. Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Visit our website at http://news.abs-cbn.com Facebook: https://www.facebook.com/abscbnNEWS Twitter: https://twitter.com/abscbnnews Instagram: https://www.instagram.com/abscbnnews #BusinessNightly #ANCNews
Views: 1603 ABS-CBN News
China's Yuan rate significantly lower against the U.S dollar
 
01:57
China's central bank has announced a significantly lower daily reference rate for the yuan against the U.S dollar. This, is as the People's Bank of China attempts to make its exchange rate regime more competitive and market-oriented. Hu Yinan has more
Views: 279 CGTN Africa
Chinese yuan gains value against US dollar
 
02:29
China's central bank on Friday raised the value of the yuan against the US dollar by 0.05 percent, the national foreign exchange market said, ending three days of falls after a surprise devaluation. The daily reference rate was set at 6.3975 yuan to $1.0, from 6.4010 the previous day, the China Foreign Exchange Trade System said. That was also slightly stronger than Thursday's close of 6.3982 yuan. The higher fixing for the yuan came after the People's Bank of China (PBoC) reassured financial markets by pledging to seek a stable currency after a shock devaluation of nearly two percent on Tuesday. The cut, and two subsequent reductions, sent global financial markets into a tailspin as it raised questions over the health of the world's second-largest economy and sparked fears of a possible currency war. Beijing said the move was the result of switching to a more market-oriented method of calculating the daily reference rate which sets the value of the yuan, also known as the renminbi (RMB). Previously, authorities based the rate on a poll of market-makers, but will now also take into account the previous day's close, foreign exchange supply and demand and the rates of major currencies. The yuan is still only allowed to fluctuate up or down two percent on either side of the reference rate. "Currently, there is no basis for the renminbi exchange rate to continue to depreciate," PBoC assistant governor Zhang Xiaohui said Thursday. "The central bank has the ability to keep the renminbi basically stable at a reasonable and balanced level," she said. Speaking earlier this week, another PBoC official said the central bank could directly intervene in the market, after reports it bought yuan on Wednesday to prop up the unit. "The central bank, if necessary, is fully capable of stabilising the exchange rate through direct intervention in the foreign exchange market," PBoC economist Ma Jun said. China keeps a tight grip on its currency due to worries that sudden fund outflows or inflows could cause more financial risk and challenge its control, but it has also pledged to move towards more flexibility. Beijing is pushing for the yuan to become one of the reserve currencies in the International Monetary Fund's SDR (special drawing rights) group.
Views: 103 Mindreader
today currency  rates in pakistan/open market/exchange rate/Us dollar/saudi riyal/uae dirham
 
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Views: 8457 life entertainment
Canadian dollar exchange rate ...  | Currencies and banking topics #67
 
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Exchange rates of the Canadian currency CAD ... EUR / CAD, USD / CAD, GBP / CAD, JPY / CAD, CNY / CAD, SEK CAD, MXN / CAD, NZD / CAD, INR / CAD exchange rates 2019 ... 1 EUR euro to CAD Canadian dollar exchange rate … 1 USD American dollar to CAD Canadian dollar exchange rate … 1 GBP UK pound sterling to CAD Canadian dollar exchange rate … 1 JPY Japanese yen to CAD Canadian dollar exchange rate … 1 CNY Chinese yuan renminbi to CAD Canadian dollar exchange rate … 1 SEK Swedish krona to CAD Canadian dollar exchange rate … 1 MXN Mexican peso to CAD Canadian dollar exchange rate … 1 NZD New Zealand dollar to CAD Canadian dollar exchange rate … Bank of Canada currency exchange rates ... Canadian dollar exchange rates today ... Currency open market ... Canadian central bank exchange rates ...
Bank governor on currency
 
01:22
SHOTLIST ++QUALITY AS INCOMING++ 1. Wide shot of General Session of Global Fortune Forum in Diaoyutai State Guest House in Beijing 2. Audience 3. Governor of People's Bank of China Zhou Xiaochuan at the session 4. Wide shot with UPSOUND (English) Zhou Xiaochuan, governor of People's Bank of China: "The Chinese government now is moving towards a correct direction in the capital market's development and reform. " 4. SOUNDBITE (Mandarin) Zhou Xiaochuan, governor of People's Bank of China: "We have a firm direction (policy), regarding the question of RMB (renminbi or the yuan - the Chinese currency) exchange rate. And we are taking time to do the preparation works. We will not come out with any measures hastily. Our measures will only come out after we have done a good feasibility study." 5. Wide shot of general session 6. Zhou shaking hands with other participants 7. Wide shot of press conference given by participants from the general session 8. SOUNDBITE (English) Kevan Watts, Chairman, Merrill Lynch International Incorporated: "The fact is, this is a, the reality is the focus on the renminbi exchange rate from an economic and financial view is grossly overstated, as Stuart has repeatedly said. It is not the biggest issue in the world. There are many reasons why this has been raised, most of them are political, not economic or financial." 9. End of press conference STORYLINE: China's top banker said on Tuesday that his country won't make any move on the exchange rate of its currency, the renminbi (RMB) or yuan before the proper preparations and feasibility studies have been carried out. Governor Zhou Xiaochuan, governor of China's central bank made his remarks at the General Session of the Global Fortune Forum. His comments came the day after Prime Minister Wen Jiabao, rejected "outside pressure" over the currency, saying Beijing would decide on its own when to change its exchange rates. China's trading partners say the currency is undervalued by as much as 40 percent, giving Chinese exporters an unfair advantage. Foreign experts at the conference also said strong political pressures were being applied to force Beijing to deal with its currency value. However, the focus on the evaluation of RMB exchange rate is grossly overstated, said Kevan Watts, Chairman of the Merrill Lynch International Inc. Officials in Europe and the United States have been urging to China to revalue it currency to bring it in line with the dollar and euro. Some of the world's top business leaders are in Beijing this week for the summit focused on the growth and potential of Asia - especially China - and the challenges the region faces. Organisers said more than 800 people would attend from 432 companies. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/5234186087ee650cb47cda623f6ffaf1 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 29 AP Archive
Philippine Peso Exchange Rate ... | Currencies and banking topics #90
 
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Official exchange rates of Philippines currency Peso PHP... USD / PHP, EUR / PHP, GBP / PHP, CNY / PHP, AED / PHP, CAD / PHP, JPY / PHP, KRW /PHP , SAR / PHP currency exchange rates ... (Source: Bangko Sentral ng Pilipinas) 1 EUR euro to Philippine peso exchange rate ... 1 USD United States dollar to Philippine peso exchange rate ... 1 JPY Japanese yen to Philippine peso 1 GBP UK pound sterling to peso PHP 1 CNY Chinese yuan to Philippine peso 1 AED United Arab Emirates dirham to Philippine peso 1 CAD Canadian dollar to Philippine peso 1 SAR Saudi Arabian riyal to peso (PHP) exchange rate… 1 KRW South Korean won to Philippine peso BSP exchange rates ... Peso rates today... Forex & exchange rates in Manila, Philippines... Dollar to Peso forecast... Dollar rate in Central Bank of Philippines ... Mga Rate ng Pagbabago Ng Peso ng Pilipinas... Rate ng Dollar Exchange sa Pilipinas... Peso converter... Mga rate ng palitan ng pera 2019 ... 1 dollar how much peso... how much philippine peso is equal to one dollar... 1 euro kung magkano ang piso... Mga rate ng dolyar sa Maynila... Opisyal na rate ng palitan sa Flippin... 1 Korean nanalo kung magkano ang piso ... Today currency exchange rates in Manila... 1 ringgit kung magkano ang piso ... Currencies and banking topics ...
China's central bank says Chinese currency has reached its equilibrium rate
 
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(14 Oct 2012) 1. Wide of lecture 2. SOUNDBITE: (English) Yi Gang, Deputy Governor, People's Bank of China: "To report you a good news that is, in the past year, more than four quarters already, central bank of China virtually had little intervention in the exchange market. And, the official reserve of China in the past five quarters has been flat. Right, so that, which means that the rate, on the spot rate and future rate, determined by the market supplied and the demand basically very close to the equilibrium rate." 3. Mid of speakers 4. Cutaway of audience 5. SOUNDBITE: (English) Yi Gang, Deputy Governor, People's Bank of China: "In terms of the time table, we don't have a time table as I said I don't promote it and I don't have a timetable. But I would like to see that, if you think that using Renminbi is more efficient, it's cost saving and it benefit enterprise with trade partners and facilitate the investment, that is a good thing to do." 6. Wide of lecture STORYLINE: China's central bank governor said on Sunday that the Chinese currency had reached its equilibrium rate, and that its value was mainly determined by the market, rather than intervention. In a speech delivered by one of his deputies in Tokyo, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), said that the central bank had refrained from intervening in the market in the past year. The US has long urged China to lift controls on foreign exchange markets that Washington contends keep the Chinese yuan undervalued, making the country's exports relatively less expensive in overseas markets. PBOC deputy governor Yi Gang, who delivered the speech, said China knows that a fixed exchange rate is unsustainable and will continue with reforms. Concerning the internationalisation of the Chinese yuan just like other major currencies, Yi did not give out a set time target for it but said it is "a good thing to do" if such move will bring in positive effects for China. Zhou had been scheduled to give the speech but cancelled his Tokyo trip in an apparent snub to Japan, that comes as the two Asian giants remain at odds over a cluster of tiny islands both claim. The lecture was a part of the IMF-World Bank annual meeting which closed on Saturday. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/f8ae61ce6853b791cbcb05fcd52cd9bf Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 117 AP Archive
China's Renminbi embracing internationalization
 
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Commonly we call it Yuan, but the official name of the Chinese currency is Renminbi which is translated to English as: "the people's currency". In reality, the Yuan is the basic unit of the Renminbi. Widely used in its abbreviation RMB, the Renminbi entered into circulation on December 1, 1948. The People's Bank of China is the institution responsible for the administration of the currency's circulation and keeping the exchange rate balanced. Since the reform and opening-up, China has developed after decades of rapid economic growth, into the biggest world exporter and the second largest world economy after the United States, overtaking Japan. The internationalization of the Renminbi is very impressive. In only two years the Renminbi has become one of the five most used currencies in the world. It's importance can be shown by the possible addition to the International Monetary Fund's (IMF) basket of currencies which currently includes the U.S. dollar, the Euro, the British Pound and the Japanese Yen. Every five years the Executive Director of the IMF examines options to widen the currency basket. If the Chinese currency is accepted at the end of 2015, the Reminbi will be known as a fundamental agent and necessary in the international financial balance.
Views: 1396 New China TV
Huge Slump Questions Safety in China's Currency
 
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Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews China's currency the Yuan, also called the Renminbi (RMB), hit a historical low of 6.04 against one dollar last month. However, the Yuan suddenly started to fall when people expected the exchange rate to drop below 6. Just in ten business days, the Yuan has fallen fell by more than 2% to 6.165093 against one US dollar, noting that China's currency only rose by 2.9% during the whole year of 2013. Is the Yuan still a safe currency for investment after such a huge slump? Let's look at the following report. On Feb 27, the Wall Street Journal (WSJ) commented on the recent plunge of China's Yuan. The WSJ quoted a resource that it was China's Central Bank that "engineered the recent decline" in its currency, such as to "thwart short-term speculators". WSJ also said, that the Chinese Communist Party (CCP) "intervened in the currency market by directing state-owned Chinese banks to buy US dollars", according to traders. WSJ's report is not groundless at all. On Feb 16, the CCP's Central Bank held a two-day meeting over its currency, Yuan business. The Central Bank announced after the meeting that, it had decided to beat expectations of unilateral appreciation in Yuan, such as to suppress speculations. On the 19th, the second day after the meeting, the Yuan started the current round of plunging. Hong Kong media reported that, in morning trades on the 19th, at least two big Chinese banks bought US dollars, consequently resulting in a sudden rise in the dollar. Ren Zhongdao, Chinese Financial Analyst: The party is always controlling the exchange rate. Its Central Bank provides a reference value to prevent daily decline from exceeding 1%. But indeed the CCP have complete control over the exchange rate. It can make it rise or fall whenever it wants. The truth is, as early as in 2012, the CCP's Central Bank had intentionally depreciated the Yuan by about 1.5%. On the other hand, latest statistics by the CCP's Foreign Exchange Administration show that, the total settlement in exchange by Chinese banks reached 1.2412 trillion Yuan ($US 203.3 billion) in January 2014. During the same period, the total sale in exchanging currency is 793.7 billion Yuan ($US 130 billion). The balance is 447.5 billion Yuan ($US 73.3 billion), 1.3 times that of last month. Those facts clearly indicate that hot money continued to flow into China in January. A non-profit research institution, Global Financial Integrity reported that nearly 100 billion dollars flew into China in forms of forged export invoices during 2013. That money was mostly used in fields such as high-interest loans and real estate investment. Xie Tian, Professor at University of South Carolina, commented that the level of price rises in China's real estate market is far more than that in exchange rate drop. During 2013, China's average house price increased by 9.5%. Therefore as long as China's real estate bubble does not burst, there is still space for hot money to make a profit. Xie Tian, Professor at Aiken Business School, University of South Carolina:" In fact we know that a large fraction of that hot money is from the CCP itself. The party bigwigs circulate their money bank to China." Xie Tian said, China's housing bubble will definitely burst in a long-term view. Once that occurs, a consequent huge slump in the Yuan is unavoidable. WSJ's report also mentions that, the CCP is currently planning for financial reform. The goal is to elevate the Yuan to "rival the U.S. dollar for supremacy on the world stage". The exchange-rate reform is part of that plan. The report quoted sources familiar to the CCP's Central Bank that the People's Bank of China (PBOC) is "testing the market as it prepares to widen the Yuan's trading band". Analysts expect that the PBOC will allow its currency to move up or down by 2% daily this year. Currently, the PBOC only allows the Yuan's value to move by 1% in either direction from its average price in daily trading. Xie Tian: As long as the CCP still governs China, it probably will never allow the currency to move freely. Similarly, they will never return land and state-owned properties to the Chinese people. Xie Tian commented that the CCP took power with lies and violence back in history and now tries to maintain its regime with the same means. Therefore, it can hardly keep its governance once losing control over the financial market, currency and land trade. On the other hand, there are different opinions on the big drop in Yuan. The New York-based Goldman Sachs Group released a report on Feb 21. The report said, "Ghost towns, local debts and trust sector crisis" caused the slump in Yuan. 《神韵》2014世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 313 ChinaForbiddenNews
IMF News Christine Lagarde Chinese Yuan SDR Inclusion
 
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IMF News - Christine Lagarde Chinese Yuan SDR Inclusion March 24 2015 - http://globalcurrencyreset.net/imf-lagarde-china-yuan-sdr-inclusion/ March 20, 2015 - http://globalcurrencyreset.net/rmb-chinese-yuan-global-reserve-currency/ See my latest (long) article link above from March 24 to see everything. Christine Lagarde said not an issue of if, but when China's Yuan will be included in the SDR's official basket of currencies. https://www.facebook.com/theglobalcurrencyreset Discussions in this video: Devaluation and revaluation of the Chinese Yuan. Christine Lagarde from March 20, 2015 statement about not a question of if but when China’s currency is included in the basket of SDR currencies. http://www.cnbc.com/id/102522008# 1:00 China’s Currency is known as the Yuan, Renminbi, and abbreviated RMB 1:14 Standard Chartered Bank Hong Kong – International of the Chinese Currency Status as of February 2015 1:24 Document from Standard Chartered also IMF – 5 year review on China The desire that the Chinese Yuan gets included in the SDR alongside the dollar, euro, pound and yen 1:49 HSBC Hong Kong Shanghai Banking Corportation What happened in July 2005 with China’s Currency? What could happen in November of 2015? My Previous Video: China World Currency Announcement Bangkok Thailand https://www.youtube.com/watch?v=Q4hvXpfu8RU Standard China Bank https://www.sc.com/hk/ Timeline: 2:40 IMF SDR review - Christine Lagarde 3:20 70-85% majority vote for Chinese Yuan inclusion of SDR (Feb 2015) 3:50 China considers what they did a success 4:40 China Expanding Overseas - Oil Crude Futures 4:50 Endgame - Full Convertibility of the RMB (Yuan/Renminbi) China wants the world reserve currency 5:15 Bank of China prints Hong Kong dollars 5:45 China Free Trade Zones 6:00 Standard Chartered Bank 6:15 HSBC has not made an announcement yet about conve 6:30 Chinese Video about internationalization of the Chinese Yuan is rapidly progressing 6:50 Shanghai Pilot Free Trade Zone - Document April 2014 7:41 Christine Lagarde - It's not a matter of if but when Christine Lagarde was talking from Shanghai 8:00 Hong Kong Dollar Chinese Yuan Exchange Rate Revaluation 8:50 Chinese Yuan USD (United States Dollar) 9:50 IMF Press Release - IMF Determines New Currency Weights for SDR https://www.imf.org/external/np/sec/pr/2010/pr10434.htm IMF 2010 SDR 10:25 IMF informal meeting in May, would take effect in January of 2016 11:10 IMF Five Year Review on China 13:00 China is keeping their currency low now, they want it weak because it attracts investors 13:28 Free Newsletter Link for updates Christine Lagarde IMF News Regarding Chinese Yuan Inclusion In the SDR https://www.youtube.com/watch?v=acYBJM4nq8U
Views: 10532 Global Currency Reset
today currency rate exchange/open market rates/currency rate/us dollar/uae dirham/Saudi Riya
 
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Views: 4592 life entertainment
Currency Exchange Machine in China | How to use a currency exchange machine? | China Diaries
 
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I found this currency exchange machine in China in my hotel. This machine will help you save some time. If you don't want to exchange your currency through an agent because of some reason, you can use this machine to exchange your currency based on the Foreign Exchange rates at that time. Click here to watch the entire Info Bhandaar China Diaries series: https://goo.gl/Fn29QV Follow Info Bhandaar's Quora Blog to find articles on topics covered in our videos. Use this link to read them: https://infobhandaar.quora.com/ You can follow Info Bhandaar on the following social media pages: Facebook: https://www.facebook.com/infobhandaar Twitter: https://twitter.com/infobhandaar Instagram: https://www.instagram.com/infobhandaar Snapchat: @infobhandaar Logo designed by Parth Nagpal ˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍ Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. ˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍ
China's exchange rate reform 'very important' for Europe
 
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Press conference by Jean-Claude TRICHET, ECB President following the ECB Governing Council meeting at the European Central Bank headquarters in Frankfurt Germany.
Views: 486 EURACTIV
Sri Lankan Rupee Exchange Rate ...  | Currencies and banking topics #63
 
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Today exchange rates of the Sri Lankan currency Rupee (LKR) ... EUR / LKR exchange rate, USD / LKR, GBP / LKR, CNY / LKR, JPY / LKR, AUD / LKR, CAD / LKR, SGD / LKR, CHF / LKR buying and selling exchange rates … (Information source: Central Bank of Sri Lanka) USD United States dollar to Sri Lankan rupee (LKR) exchange rate … 1 Eur Euro to Sri Lankan rupee (LKR) exchange rate … GBP British pound sterling to Sri Lankan rupee (LKR) exchange rate … CNY Chinese yuan renminbi to Sri Lankan rupee (LKR) exchange rate … JPY Japanese yen to Sri Lankan rupee (LKR) exchange rate … AUD Australian dollar to Sri Lankan rupee (LKR) exchange rate … CAD Canadian dollar to Sri Lankan rupee (LKR) exchange rate … CHF Swiss franc to Sri Lankan rupee (LKR) exchange rate … SGD Singapore Dollar to Sri Lankan rupee (LKR) exchange rate … Central Bank of Sri Lanka currency exchange rates 2019 … American dollar exchange rate today in Sri Lanka … Euro buying and selling rate in Sri Lanka … Money exchange rates in Sri Lanka …
Saudi Riyal Exchange Rate Pakistan India Currency Rate Enjaz Bank Monygarm Today all
 
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Saudi Riyal Exchange Rate Today India Pakistan Bangladesh And Nepal/ Sar To Pak/ Sar to inr
Views: 2481 Tech Malik