At the start of the judgment for the devaluation of the renminbi market unusually consistent: it by the people's bank of Gucci Store is a plan to kill two birds with one stone with the purpose of action: one is artificially devalued, prevent cross-border speculative capital inflows. Buy Gucci Belt the overseas media, this is the people's bank of Gucci Store on foreign exchange issued a warning of speculators, they think that is the people's bank of Gucci Store plans to the wave of depreciation, because it worried about the huge inflows in recent months, want to market shows that the exchange rate movements of one-way bet is going to work. It seems that a series of data also prove this speculation. Last year, Buy Gucci Belt Gucci Belt Replica state administration of foreign exchange, a total of $244 billion in cross-border capital flows into Gucci Store. After foreign trade data than expected in January this year, seems to be apparent acceleration of capital inflows, trade surplus has more than $30 billion in January;
http://mancodebook.com/ And the bank and out surplus of $73.3 billion at sight, forward and out surplus of $25.4 billion, the two digital record highs. Speculation, the central bank dominated this round of the second purpose of depreciation is to expand the floating range of RMB exchange rate, this speculation in fact have been confirmed: on March 15, since March 17, 2014, the yuan against the dollar the inter-bank spot foreign exchange market trading floating ranges from 1% to 2%, which is regarded as the important measure of the RMB exchange rate marketization. Say, however, whether the snipers hot money, or lead to the two-way wave theory, the bank shall deny. The central bank's official statement pointed out that this is a reflection of market forces. But obviously, this statement was widely regarded as a true lies. For the exchange rate of RMB is the central bank strictly controlling, the central bank in determining the role of the renminbi to or obvious, middle price cut, the central bank control on March 15, and the RMB exchange rate fluctuation range expanded to 2% range, fake gucci belt as all decisions on the prove that the central bank in the RMB exchange rate.