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: 1870 Brookings Institution
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: 12001 BusinessMediaguide.Com
Add and Calculate All Currencies in Real time in Excel Sheet also update currency.. Click here for more detail... http://www.bsocialshine.com/2016/04/how-to-add-real-time-currency-converter.html Euro, dinar, US dollar, taka, rupees, franc, real, peso, pound, rupiah, rial, yen, shilling, dirham, rupee, riyal, rubie, Saudi riyal, rand, won, lira,
Views: 161140 MJ Tube
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...
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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: 112922 Khan Academy
Chinese currency is known as Renminbi (RMB). RMBs are colorful and they tell stories about Chinese people.To learn more interesting facts about RMB, click here to watch the video. Have you subscribed to our channel yet? We are a team dedicated to helping you learn Mandarin Chinese and interesting Chinese culture. If you like our videos, please share them with your friends and family. Subscribe to our channel at: https://www.youtube.com/user/learnhowtochinese
Views: 8108 LearnHowToChinese
Official Exchange Rates Of The Turkish Lira... (Information Source: The Central Bank of Turkey) USD/TRY EUR/TRY JPY/TRY CNY/TRY RUB/TRY Currency exchange rates in Turkey... Официальные курсы турецкой лиры ... Türk Lirasının resmi döviz kurları... Türkiye Cumhuriyeti Merkez Bankasının resmi döviz kurları... Dolar, Euro, Yapon İyeni, Çin Yuanı ve Rus Rublesinin fiyatları... Merkez bankasının dolar ve euro kuru... Türk pulunun mezennesi... Offizielle Wechselkurse der Türkischen Lira ... أسعار الصرف الرسمية لليرة التركية ... तुर्की लीरा की आधिकारिक विनिमय दर ... 土耳其里拉的官方匯率...... トルコリラの公式為替レート... Η επίσημη συναλλαγματική ισοτιμία της Τουρκικής λίρας ... Les taux de change officiels de la lire turque ... თურქული ლირას ოფიციალური გაცვლითი კურსი ... نرخ ارز رسمی لیره ترکیه ... Офіційні курси турецької ліри ... Normat zyrtare të këmbimit të Lira Turke ... Turkish banking... Обменный курс турецкой лиры ... United States Dollar (USD) to Turkish Lira (TRY) … Russian Ruble (RUB) to Turkish Lira (TRY) … Euro to Turkish Lira (TRY) … Japanese Yen (JPY) to Turkish Lira (TRY) … Chinese Yuan (CNY) to Turkish Lira (TRY) … Türkischer wechselkurs... Tipos de cambio oficiales de la lira turca ... Түркия лирасының ресми бағамдары ... Virallinen valuuttakurssit Turkin liira ... Званични курсеви турске лира ... 터키 리라의 공식 환율 ... Taxas de câmbio oficiais da lira turca ... Расмий алмашуу курстарынын Түрк лирасынын ... Официален курсове на турската лира ... A Török Líra hivatalos árfolyama ... Turk lirasining rasmiy narxi ...
Views: 3118 BusinessMediaguide.Com
Exchange rates of the Malaysian currency Ringgit (MYR) ... USD to MYR exchange rate, EUR / MYR, JPY/ MYR, GBP / MYR, CNY / MYR, CAD / MYR, AUD / MYR, PHP / MYR, HKD / MYR, THB / MYR, KRW / MYR, AED / MYR, SAR / MYR, IDR / MYR, SGD / MYR, PKR / MYR, INR MYR exchange rates ... Bank Negara Malaysia exchange rates... Central Bank of Malaysia currency exchange rates today... Dollar rate in Kuala Lumpur, Malaysia ... Today currency exchange rates in Malaysia ... Kadar Ringgit Malaysia (MYR) ... Kadar dolar Amerika di Kuala Lumpur, Malaysia ... Kadar tukaran mata wang hari ini di Malaysia ... Kadar pertukaran Bank Negara Malaysia ... satu dolar berapa ringgit ... one euro how much ringgit ... 1 USD United States Dollar to Malaysian Ringgit (MYR) exchange rate … 1 EUR Euro to Malaysian Ringgit (MYR) exchange rate… 1 GBP to Malaysian Ringgit (MYR) exchange rate … 100 JPY Japanese Yen to Malaysian Ringgit (MYR) exchange rate … 1 CNY Chinese Yuan to Malaysian Ringgit (MYR) exchange rate… 100 AED UAE Dirham to Malaysian Ringgit (MYR) exchange rate… 1 CAD Canadian Dollar to Malaysian Ringgit (MYR) exchange rate… 1 AUD Australian Dollar to Malaysian Ringgit (MYR) exchange rate … 100 KRW South Korean Won to Malaysian Ringgit (MYR) exchange rate … 100 HKD Hong Kong Dollar to Malaysian Ringgit (MYR) exchange rate … 100 IDR Indonesian Rupiah to Malaysian Ringgit (MYR) exchange rate … 100 SAR Saudi Arabian Riyal to Malaysian Ringgit (MYR) exchange rate … 1 SGD Singapore Dollar to Malaysian Ringgit (MYR) exchange rate… 100 PKR Pakistani Rupee to Malaysian Ringgit (MYR) exchange rate… 100 PHP Philippine Peso to Malaysian Ringgit (MYR) exchange rate… 100 THB Thai Baht to Malaysian Ringgit (MYR) exchange rate… 100 INR Indian Rupee to Malaysian Ringgit (MYR) exchange rate…
Views: 2689 BusinessMediaguide.Com
» Subscribe to NowThis World: http://go.nowth.is/World_Subscribe With about $400 billion in debt and a broken economy, Greece is in trouble. But, how did Greece end up with such a high debt, and who do they owe money to? Learn More: Greece's Debt Due: What Greece Owes When http://graphics.wsj.com/greece-debt-timeline/ "Greece is negotiating with its eurozone creditors to get more aid before the indebted government runs out of cash." Explaining the Greek Debt Crisis http://www.nytimes.com/2015/04/09/business/international/explaining-the-greek-debt-crisis.html "Greece, the weak link in the eurozone, is struggling to pay its debt as its people and its creditors grow more restive." Greek debts: what does it owe? When will the money run out? http://www.theguardian.com/business/2015/apr/24/greek-debts-what-does-it-owe-when-will-the-money-run-out "Crunch talks between Greece and its eurozone creditors are under way, but investors are growing increasingly sceptical that the country can reach an agreement on reforms and unlock the aid it needs from international lenders to avoid a debt default." Greek debt crisis: Who has most to lose? http://money.cnn.com/2015/01/28/investing/greek-debt-who-has-most-to-lose/ "Greece and its international lenders have embarked on a battle over the country's staggering debt." Watch More: What Happens If A Country Goes Bankrupt? https://www.youtube.com/watch?v=3PZDLG-rtGs&list=UUgRvm1yLFoaQKhmaTqXk9SA _________________________ NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe » Like NowThis World on Facebook: https://go.nowth.is/World_Facebook » Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah » Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
Views: 291594 NowThis World
Talking Points: • Trade wars are a critical fundamental theme that will likely motivate much of the volatility and momentum in the near future • While it is essential to account for this global stand off - and even take advantage - the Dollar-Yuan is a poor outlet • Being so close to the heart of trade wars, a conduit for remarkably uncertainty and presumed intervention makes USDCNH a risk See how retail traders are positioning in USDJPY, other FX crosses, indices, gold and oil intraday using the DailyFX speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)
Views: 1671 DailyFX
China loosened its grip on the yuan-to-dollar exchange rate last Saturday, widening its daily trading band to two percent from one. The change went into effect on Monday. Analysts said the move will not only discourage speculation, but also hasten the internationalization process for the yuan.
Views: 241 New China TV
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews Chinese people are mocking rising exchange rate prices for the Renminbi, despite it having devalued inside China. One young man was interviewed by China's Central Television (CCTV) during the Third Plenary Session of the Chinese Communist Party (CCP). He highlighted that this is the issue of "most concerns for reforms". Analysts say that the RMB has been repeatedly devalued in China. However, the exchange rate against the dollar has continued to rise. The result is that the Chinese people can't afford to live, and foreign companies are constantly complaining. On November 12, the four-day party meeting came to a close. Prior to this, a CCTV reporter interviewed Chinese people on the street, with many responding that they didn't know what the Third Plenary Session was about. Instead, people complained about increasing house prices, and expensive medical care. One man said that the "RMB is in a sorry state for the Chinese people." Hua Po, current affairs commentator: "RMB has repeatedly depreciated, but the price of goods has risen. The exchange rate for the RMB against the dollar has continually risen. For ordinary Chinese people, prices are higher, but their incomes can't pay their bills. Thus, they complain everyday about the high prices." Hua Po says that foreign trade companies are also complaining. Because RMB exchange rates are constantly rising, their export competition has been deeply weakened. Who is benefiting from this situation? Hua Po: "The privileged groups within the CCP can benefit. This is because they can push the prices very high inside China, and thus make the RMB devalue. Once they acquire devalued RMB, they can exchange it to dollars at a good rate, and then transfer it abroad. This system has become very profitable." Chinese state media reported that 'Grandma Li' went to buy rice in a market. She found the price went up to 6.6 yuan per kilogram, and could remember that it was 3.8 yuan per kilogram in 2005. Lan Jiping, Professor at Capital University of Economics and Business in Beijing, also took rice as an example. Lan calculates the value for 1000 yuan, which is equivalent to 576 yuan in 2005. It means that 1000 yuan has lost value by 424 yuan within eight years. Money Weekly reported that cloth was worth a few dozen yuan in the past. It is now selling for over a thousand yuan. Property prices have risen from several thousand yuan per square meter to between 30,000 to 40,000 yuan. Taking these cases as examples indicates that RMB has devalued by 500% within eight years. Gong Shengli, researcher, China Financial Intelligence Unit:"Chinese people's income hasn't increased accordingly. Who should pay them money? Civilians have to pay more, but they don't get the income they need to do so." Hong Kong's Oriental Daily describes that China is the worlds largest bank note printing country. At the end of 2012, China's money supply reached 97.4 trillion yuan. This is nearly taking up 25% of the global total, and is 1.5 times greater than the US. The report says that the madness of printing money is equivalent to simply ripping off it's civilians. Zhu Xinxin, former editor, Hebei People's Radio Station:"The CCP uses different ways to plunder from its citizens, some of which are visible, the others invisible. There are so many different taxes and fees, which civilians become heavily burdened by." Zhu Xinxin suggests that large amounts of bank notes have been printed, resulting in the rich becoming richer, and the poor becoming poorer. Rich people are using financial leverage to increase their wealth, and poor people are finding it difficult to survive. Zhu Xinxin: "CCP propaganda of China as a prosperous nation is an entirely illusory image. The truth is one of rich officials and poor civilians. Actually, the privilege group of CCP officials have seized the national assets in their hands." Sources indicate that 0.4% of the Chinese people have seized 70% of China's wealth. The high-level CCP, and the families of officials and princeling covert both the money and land. They launder the money, and their assets have reached thousands of billions of yuan. Sources say that PetroChina, China Mobil, Industrial and Commercial Bank, and other major state-run companies' were listed on the US stock market. US The state-run People's Tribune newspaper has reported that in 2009, relevant organs announced the 3,000 richest Chinese families. These families' wealth has a net worth of 1.69 trillion yuan. The article admitted that two out of three resources of the richest families are "red families and red businessmen." 《神韵》2013世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 825 ChinaForbiddenNews
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
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews While the purchasing power of RMB continues to decline in Mainland China, the exchange rate has continued to rise. This phenomenon has troubled Chinese people. People complain, saying, "RMB should be sorry to the Chinese." Experts say that the Communist Communist Party (CCP) currency policy has created huge foreign exchange reserves. It has also created the devaluation of RMB in China, high exchange rate overseas, and a burden to China. As for who is exactly benefiting from this policy, we will take a look. In recent years, China has seen depreciation of the RMB domestically, and appreciation in foreign exchange rates. Elite groups of the CCP have plundered national resources and wealth, transferring them overseas. This is done through buying overseas properties, real estate, and luxury goods. This leads to soaring prices in the foreign countries. Recently, Chinese buyers have purchased property in Houston, USA, containing nine projects, and approximately 2,600 rental apartments. Among them is Boyu Capital, a Chinese private equity fund. Reportedly, Jiang Zemin's 27-year-old grandson, Jiang Zhicheng, is a major investor in Boyu Capital. In addition, Hong Kong, has tried to cool down the property market, to avoid a property bubble. Investment from China has made it hard to control. Jason Ma, financial expert: "RMB purchasing power abroad is strong. That's why Chinese tourists have swamped branded stores in the US. To those who take advantage of traveling and shopping, they are the winners. But to those who struggle to make both ends meet, they are faced with higher and higher prices." The US Federal Reserve has decided it's fund rates unchanged at 0.0-0.25%. Interbank rates have gone as high as 6% in China. CCP officials thus take advantage of high interest rate differentials, and make profits from huge assets they hold. They do this by transferring them back to China to absorb the interests. As a result, inflation is further increased in China. Economists explain that following the end of the Federal Quantitative Easing policy, and recovery of the economy in the US, those funds will transfer back to the US after absorbing interests in China. Ren Zhongdao, financial analyst: "Inflow of hot money will lead to the appreciation of the RMB. As foreign currency rushes into China to absorb interests, the central bank will issue RMB to balance the needs. This will continue." China has become the world's largest currency issuing country. As of the end of November, China's broad measure of money supply, called M2, exceeded 107 trillion yuan ($17.6 trillion). This is despite the lasting cash crunch of the Chinese finance sectors. In the world's second largest economy, China, people are suffering. In the past two decades, investment has contributed to around 50% of China's economic growth. Low interest rates, as an effective means of stimulating investment, have led to forced land acquisition, and forced demolition throughout China. Among some twenty million petitioners, over 70% of them are victims of forced land acquisition and forced demolition. Jason Ma: "To stimulate the economy, the CCP injects huge amounts of cash, and creates inflation. The devaluation of the RMB in China is being caused by the printed money. However, the CCP also limits free conversion to foreign currencies. China relies heavily on exports. Its policy has thus created shortages of RMB overseas, and the appreciation of the RMB in foreign countries." Since the 1994 exchange rate reforms, surplus has occurred as a result of Chinese industries and projects with frequent international trades. Abnormal economic growth has attracted global capital inflows, and has created further surplus. Foreign exchange reserves have increased beyond adequate levels. By the end of 1993, China's foreign exchange reserve was $143.2 billion. After the 1994 foreign exchange reforms, foreign exchange reserves rose to $448.2 billion at the end of that year. By the end of 2000, it had reached $1.4291 trillion. Jason Ma: "China's huge foreign exchange reserves are not the pride of China, but are the burden to China. Foreign currencies have become the carriers of wealth. Once foreign currency is devaluated, domestic wealth starts to shrink." An export-led economy has forced the CCP to agree with trading countries demands to appreciate the RMB. This is in order to achieve the trade surplus. Deng Enchong is a lawyer specializing in finance. Deng Enchong indicates that under centralization, the central bank's injection of cash has become even more passive. The CCP's ruling will only become weaker with a prolonged devaluation of the RMB domestically and appreciation internationally. This will also serve as a driving cause 《神韵》2013世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 684 ChinaForbiddenNews
Let's bring in Mr. Ding Yifan, Deputy Director at the State Council's Institute of World Development to talk more about the latest move from the PBOC. Q1: Talk to us about the timing of this move and what kind of message the PBOC is sending by widening the band right after Two Sessions. How should businesses react? Q2: Will this move really promote more two-way movements of the yuan?
Views: 103 CGTN
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: 117314 Jason Welker
Use Windows Calculator for Live Currency Converter Facebook Page : https://www.facebook.com/MeMJTube Follow on twitter: https://twitter.com/mj1111983 Website : http://www.bsocialshine.com Afghan afghani, European euro, Albanian lek, Algerian dinar, United States dollar, Angolan kwanza, East Caribbean dollar, East Caribbean dollar, Argentine peso, Armenian dram, Aruban florin, Saint Helena pound, Australian dollar, Azerbaijan manat, Bahamian dollar, Bahraini dinar, Bangladeshi taka, Barbadian dollar, Belarusian ruble, Belize dollar, West African CFA franc, Bermudian dollar, Bhutanese ngultrum, Bolivian boliviano, Bosnia and Herzegovina convertible mark, Botswana pula, Brazilian real, Brunei dollar, Bulgarian lev, Burundi franc, Cape Verdean escudo, Cambodian riel, Central African CFA franc, Canadian dollar, Cayman Islands dollar, New Zealand dollar, Chilean peso, Chinese Yuan Renminbi, Australian dollar, Australian dollar, Colombian peso, Comorian franc, Congolese franc, Cook Islands dollar, Costa Rican colon, Croatian kuna, Cuban peso, Netherlands Antillean guilder, Czech koruna, Danish krone, Djiboutian franc, East Caribbean dollar, Dominican peso, Egyptian pound, Eritrean nakfa, Swazi lilangeni, Ethiopian birr, Falkland Islands pound, Faroese krona, Fijian dollar, CFP franc, Gambian dalasi, Georgian lari, Ghanaian cedi, Gibraltar pound, Danish krone, East Caribbean dollar, Guatemalan quetzal, Guernsey Pound, Guinean franc, Guyanese dollar, Haitian gourde, Honduran lempira, Hong Kong dollar, Hungarian forint, Icelandic krona, Indian rupee, Indonesian rupiah, SDR (Special Drawing Right), Iranian rial, Iraqi dinar, Manx pound, Israeli new shekel, Jamaican dollar, Japanese yen, Jersey pound, Jordanian dinar, Kazakhstani tenge, Kenyan shilling, Australian dollar, Kuwaiti dinar, Kyrgyzstani som, Lao kip, Lebanese pound, Lesotho loti, Liberian dollar, Libyan dinar, Swiss franc, Macanese pataca, Macedonian denar, Malagasy ariary, Malawian kwacha, Malaysian ringgit, Maldivian rufiyaa, Mauritanian ouguiya, Mauritian rupee, Mexican peso, Moldovan leu, Mongolian tugrik, East Caribbean dollar, Moroccan dirham, Mozambican metical, Myanmar kyat, Namibian dollar, Australian dollar, Nepalese rupee, CFP franc, New Zealand dollar, Nicaraguan cordoba, Nigerian naira, New Zealand dollar, Australian dollar, North Korean won, Norwegian krone, Omani rial, Pakistani rupee, Israeli new shekel, Papua New Guinean kina, Paraguayan guarani, Peruvian sol, Philippine peso, New Zealand dollar, Polish zloty, Qatari riyal, Romanian leu, Russian ruble, Rwandan franc, Saint Helena pound, East Caribbean dollar, East Caribbean dollar, East Caribbean dollar, Samoan tala, Sao Tome and Principe dobra, Saudi Arabian riyal, Serbian dinar, Seychellois rupee, Sierra Leonean leone, Singapore dollar, Netherlands Antillean guilder, Solomon Islands dollar, Somali shilling, South African rand, Pound sterling, South Korean won, South Sudanese pound, Sri Lankan rupee, Sudanese pound, Surinamese dollar, Norwegian krone, Swedish krona, Swiss franc, Syrian pound, New Taiwan dollar, Tajikistani somoni, Tanzanian shilling, Thai baht, New Zealand dollar, Tongan pa’anga, Trinidad and Tobago dollar, Pound sterling, Tunisian dinar, Turkish lira, Turkmen manat, Australian dollar, Ugandan shilling, Ukrainian hryvnia, UAE dirham, Pound sterling, Uruguayan peso, Uzbekistani som, Vanuatu vatu, Venezuelan bolivar, Vietnamese dong, CFP franc, Yemeni rial, Zambian kwacha, AFN, EUR, EUR, ALL, DZD, USD, EUR, AOA, XCD, XCD, ARS, AMD, AWG, SHP, AUD, EUR, AZN, BSD, BHD, BDT, BBD, BYN, EUR, BZD, XOF, BMD, BTN, BOB, USD, BAM, BWP, BRL, USD, USD, BND, BGN, XOF, BIF, CVE, KHR, XAF, CAD, USD, KYD, XAF, XAF, NZD, CLP, CNY, AUD, AUD, COP, KMF, CDF, XAF, none, CRC, XOF, HRK, CUP, ANG, EUR, CZK, DKK, DJF, XCD, DOP, USD, EGP, USD, XAF, ERN, EUR, SZL, ETB, FKP, none, FJD, EUR, EUR, EUR, XPF, XAF, GMD, GEL, EUR, GHS, GIP, EUR, DKK, XCD, EUR, USD, GTQ, GGP, GNF, XOF, GYD, HTG, HNL, HKD, HUF, ISK, INR, IDR, XDR, IRR, IQD, EUR, IMP, ILS, EUR, JMD, JPY, JEP, JOD, KZT, KES, AUD, EUR, KWD, KGS, LAK, EUR, LBP, LSL, LRD, LYD, CHF, EUR, EUR, MOP, MKD, MGA, MWK, MYR, MVR, XOF, EUR, USD, EUR, MRU, MUR, EUR, MXN, USD, MDL, EUR, MNT, EUR, XCD, MAD, MZN, MMK, NAD, AUD, NPR, EUR, XPF, NZD, NIO, XOF, NGN, NZD, AUD, USD, KPW, NOK, OMR, PKR, USD, ILS, USD, PGK, PYG, PEN, PHP, NZD, PLN, EUR, USD, QAR, EUR, RON, RUB, RWF, USD, EUR, SHP, XCD, XCD, EUR, EUR, XCD, WST, EUR, STN, SAR, XOF, RSD, SCR, SLL, SGD, USD, ANG, EUR, EUR, SBD, SOS, ZAR, GBP, KRW, SSP, EUR, LKR, SDG, SRD, NOK, SEK, CHF, SYP, TWD, TJS, TZS, THB, USD, XOF, NZD, TOP, TTD, GBP, TND, TRY, TMT, USD, AUD, UGX, UAH, AED, GBP, USD, UYU, USD, UZS, VUV, EUR, VEF, VND, USD, XPF, YER, ZMW,
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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: 192 Commerzbank AG
Today's video is related to the Update currency Exchange rate in Bangladesh. USD or us dollar rate, Euro rate, pound exchange rate, INR exchange rate, bdt currency exchange rate in Bangladesh Bank Most people don't know how to find Bangladesh currency and also search like this on google.com Us dollar to taka, pound rate in Bangladesh, today euro rate in Bangladesh, euro rate in bd, dollar rate in bd Google.com exchange rate https://goo.gl/XBYrw6 Bangladesh Bank exchange rate https://goo.gl/g5jYfU =============================================== Contact with Me For Technical Support Or Sponsorship ✉✉ Mail [email protected] ► FB Page http://www.facebook.com/himunch.2017 ►FacebookGroup::- https://facebook.com/groups/himunchakma/ =============================================== ►► আরও দেখুন ■ Create Youtube Channel https://goo.gl/sbZWFQ ■ YouTube A-Z https://goo.gl/Bxm5WX ■ 5 Ways to Earn Facebook https://goo.gl/kh5jr7 ■ Facebook Marketing Secrets https://goo.gl/csF9JV ■ 8000 TK https://goo.gl/TMK4bN ■ Per Work 50 TK https://goo.gl/1jpXph ■ Ipay 50 Tk free https://goo.gl/rLCNnc ■ Eken H9 CAMERA https://goo.gl/LuV428 ■ Lifetime income https://goo.gl/YYFpHQ ■ How much pay youtube https://goo.gl/gY3A7N ►►YouTube Related ■ My YouTube intro https://goo.gl/tet89S ■ Free YouTube Promotion https://goo.gl/QYAbgx ►►My Income Proof ■ 27890 Taka https://goo.gl/SCaQFw ■ 29000 TaKa https://goo.gl/rTKT16 ■ 2700$ https://goo.gl/ea4dr7 DISCLAIMER: This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! HimunChakma or send a message on this page and I'll see what I can do to answer it. Try to share my video on social media like facebook, twitter etc.Thanks for watching!
Views: 15278 Himun Official
All currency converter app converts currency easily. Just select the desired currency and enter the value fir first and get converted result. All Currency Converter is a real-time currency exchange rates converter. (The calculator is featured). All around the world offer rates for almost all currencies (over 162) and also comes with a special price for minerals such as gold, silver and. #Comes with a simple exchange rate conversion and exchange rate calculation. #View and can calculate currency (the currency of some ready ...) AED UAE Dirham AFN Afghan Afghani ALL Albanian Lek AMD Armenian Dram ANG Neth Antilles Guilder AOA Angolan Kwanza ARS Argentine Peso AUD Australian Dollar AWG Aruba Florin AZN Azerbaijani New Manat BAM Bosnian Convertible Marka BBD Barbados Dollar BDT Bangladesh Taka BGN Bulgarian Lev BHD Bahraini Dinar BIF Burundi Franc BMD Bermuda Dollar BND Brunei Dollar BOB Bolivian Boliviano BRL Brazilian Real BSD Bahamian Dollar BTC Bitcoin BTN Bhutan Ngultrum BWP Botswana Pula BYN New Belarusian Ruble BZD Belize Dollar CAD Canadian Dollar CDF Congolese Franc CHF Swiss Franc CLP Chilean Peso CNY Chinese Yuan COP Colombian Peso CRC Costa Rica Colon CUP Cuban Peso CVE Cape Verde Escudo CYP Cyprus Pound CZK Czech Koruna DJF Dijibouti Franc DKK Danish Krone DOP Dominican Peso DZD Algerian Dinar EGP Egyptian Pound ERN Eritrean Nakfa ETB Ethiopian Birr EUR Euro FJD Fijian Dollar FKP Falkland Islands Pound GBP British Pound GEL Georgian Lari GHS Ghanaian Cedi GIP Gibraltar Pound GMD Gambian Dalasi GNF Guinea Franc GTQ Guatemala Quetzal GYD Guyana Dollar HKD Hong Kong Dollar HNL Honduras Lempira HRK Croatian Kuna HTG Haiti Gourde HUF Hungarian Forint IDR Indonesian Rupiah ILS Israeli Shekel INR Indian Rupee IQD Iraqi Dinar IRR Iranian Rial ISK Iceland Krona JMD Jamaican Dollar JOD Jordanian Dinar JPY Japanese Yen KES Kenyan Shilling KGS Kyrgyzstani Som KHR Cambodia Riel KMF Comoros Franc KPW North Korean Won KRW Korean Won KWD Kuwaiti Dinar KYD Cayman Islands Dollar KZT Kazakhstan Tenge LAK Lao Kip LBP Lebanese Pound LKR Sri Lanka Rupee LRD Liberian Dollar LSL Lesotho Loti LTL Lithuanian Lita LVL Latvian Lat LYD Libyan Dinar MAD Moroccan Dirham MDL Moldovan Leu MGA Malagasy Ariary MKD Macedonian Denar MMK Myanmar Kyat MNT Mongolian Tugrik MOP Macau Pataca MRO Mauritania Ougulya MUR Mauritius Rupee MVR Maldives Rufiyaa MWK Malawi Kwacha MXN Mexican Peso MYR Malaysian Ringgit MZN Mozambican Metical NAD Namibian Dollar NGN Nigerian Naira NIO Nicaragua Cordoba NOK Norwegian Krone NPR Nepalese Rupee NZD New Zealand Dollar OMR Omani Rial PAB Panama Balboa PEN Peruvian Nuevo Sol PGK Papua New Guinea Kina PHP Philippine Peso PKR Pakistani Rupee PLN Polish Zloty PYG Paraguayan Guarani QAR Qatar Rial RON New Romanian Leu RSD Serbian Dinar RUB Russian Rouble RWF Rwandan Franc SAR Saudi Arabian Riyal SBD Solomon Islands Dollar SCR Seychelles Rupee SDG Sudanese Pound SEK Swedish Krona SGD Singapore Dollar SHP St Helena Pound SIT Slovenian Tolar SLL Sierra Leone Leone SOS Somali Shilling SRD Surinamese Dollar STD Sao Tome Dobra SVC El Salvador Colon SYP Syrian Pound SZL Swaziland Lilageni THB Thai Baht TJS Tajikistani Somoni TMT Turkmenistani Manat TND Tunisian Dinar TOP Tonga Pa'anga TRY Turkey Lira TTD Trinidad&Tobago Dollar TWD Taiwan Dollar TZS Tanzanian Shilling UAH Ukraine Hryvnia UGX Ugandan Shilling USD U.S. Dollar UYU Uruguayan New Peso UZS Uzbekistani Som VEF Venezuelan Bolivar VND Vietnam Dong VUV Vanuatu Vatu WST Samoa Tala XAF CFA Franc (BEAC) XAG Silver Ounces XAU Gold Ounces XCD East Caribbean Dollar XDR IMF Special Drawing Rights XOF CFA Franc (BCEAO) XPD Palladium Ounces XPF Pacific Franc XPT Platinum Ounces YER Yemen Riyal ZAR South African Rand ZMW Zambian Kwacha
Views: 117840 tech4all
http://www.profitableinvestingtips.com/forex-trading/currency-exchange-rates-and-investing-offshore Currency Exchange Rates and Investing Offshore By www.ProfitableInvestingTips.com There is a definite profitable advantage to be had when seeking favorable currency exchange rates and investing offshore. This applies to specific offshore investment ideas such as vacation rental property and stocks and to foreign direct investment on a larger scale. Using Colombia and the current state of the Colombian peso as an example we look at currency exchange rates and investing offshore. The USD COP Exchange Rate As of early March, 2015 the USD COP exchange rate is just under 2,600 Colombian pesos (COP) to the dollar (USD). As a point of comparison the peso traded 1818 to a dollar two years ago and again around 1820 just 7 months ago. Go to ExchangeRates.org and pick the two year history for the USD COP exchange rate history. Welcome to the USD COP history summary. This is the US Dollar (USD) to Colombian Peso (COP) exchange rate history summary page, detailing… The point being that the peso has fallen dramatically over the last several months. Why is that? Colombia is an oil producer and the Colombian peso is closely tied to the price of oil. The Price of Oil Falls Take a look at the chart on InvestmentMine.org for a five year crude oil price chart. The page lists the current price and 52 week highs and lows. Our interest is in the chart. Crude Oil Price 59.24 USD/bbl (54.55 EUR/bbl) 09 Mar 2015 - 52 Week Low 46.18 USD/bbl 52 Week High 114.77 USD/bbl The point is that oil was selling for around $110 a barrel in July of 2014 at the same time that the Colombian peso was trading 1800 to a dollar. Oversupply and the presence of threat of recession in Europe, China and Japan have reduced demand at the same time that two main producers, Saudi Arabia and the USA are pumping like mad. Colombia has been caught in this dilemma. Until the price of oil goes up the Colombian peso will be hurting. And what does this have to with currency exchange rates and investing offshore? Investing in Colombia Colombia is a democracy with a well-managed economy. The half century long civil war may well be drawing to an end as talks between the government and main rebel faction, FARC, continue in Havana. Colombia is a big energy exporter to the USA, has a free trade agreement with the USA as well as the Pacific Alliance of Chile, Colombia, Mexico and Peru. Direct foreign investment in the oil and gas sector peaked at $13 billion in 2013. Take a look at the CIA World Factbook page for Colombia and click the Economy tab. Colombia's consistently sound economic policies and aggressive promotion of free trade agreements in recent years have bolstered its ability to weather external shocks. Real GDP has grown more than 4% per year for the past three years, continuing almost a decade of strong economic performance. All three major ratings agencies have upgraded Colombia's government debt to investment grade. Nevertheless, Colombia depends heavily on energy and mining exports, making it vulnerable to a drop in commodity prices. Colombia is the world's fourth largest coal exporter and Latin America’s fourth largest oil producer. The point is that there is the basis for profitable investment in Colombia and now is an ideal time because of the fall in value of the Colombian peso, property in Colombia and business investment in Colombia due to the current weakness of the Colombian peso. There is vacation property in Cartagena on the Caribbean and business investments in the 8 million person city of Bogota. The coffee producing and agricultural region around Manizales, Pereira, Medellin and Cali is an often overlooked area for investment as well. Because the price of oil is cyclical we can expect to it to rise from current lows and bring the value of the Colombian peso back up with it. Simply as a Forex play one might convert their dollars to COP and bank them in Colombia while waiting for an investment opportunity. If the opportunity does not occur one could wait for the expected return of the COP to the 1,600 to 1,800 to the dollar range and simply convert back to dollars with a fifty percent profit! That is our point about currency exchange rates and investing offshore. http://youtu.be/4eNI2VSt3aA
Views: 929 InvestingTip
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."
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Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews At the end of February this year, the value of the yuan fell by more than 1%. This changed the long-standing trend of RMB appreciation. On March 18, the Renminbi (RMB) exchange rate fell again, and traded at 6.1858 to the dollar upon opening. Experts believe that although RMB value has reached an equilibrium, this devaluation could cause the domestic property bubble to burst. On March 15, China's Central Bank doubled the yuan trading band to 2%. On March 18, the RMB to dollar rate opened at 6.1858. This is equivalent to depreciation of 77 basis points. This is compared with the previous trading day's closing rate of 6.1781. It has hit a new low in 11 months. RMB has fallen 2.5% this year. The Wall Street Journal commented that, "the decision, foreshadowed by months of hints by Chinese officials, followed a week long campaign by the country's central bank to weaken the yuan." The People's Bank of China had just doubled the yuan's trading band to 1% from 0.5% on April 16, 2012. Since February this year, the Chinese capital flow has been significantly reduced. After a weak performance of exports in February, data also showed a slow down in industrial added value, fixed asset investment, and retail sales. In addition, as of the third fiscal quarter of last year, China's total foreign debt reached $823 billion. The weakening of RMB will result in increased settling up costs. That is equivalent to an increase in external debt. The Chinese Communist Party (CCP) Commerce Department stated on Tuesday that the recent RMB devaluation was intended to support exports. A Ministry of Commerce spokesman said that, "with the mechanism formation of RMB exchange rate through the deepening of reforms, two-way exchange rate fluctuations will become the norm." So, why did the central bank lead the fall of RMB? Financial analyst Ren Zhongdao says that within power struggles, the CCP is manipulating the "economic card". This is to attack the officials with vested interests. Ren Zhongdao, financial analyst: "Jiang Zemin had ruled the regime with greed and corruption. He turned state-owned enterprises into the CCP elite's source of wealth, and transferred national wealth overseas. This returned to China as foreign investment for arbitrage, to earn the interest difference and the exchange rate. To combat these officials who escape overseas with national wealth, the CCP has now brought the RMB down to cut the interest difference." Hong Hao, China Bank of Communications Chief International Strategist, recently commented in ForbesChina.com. Hong thinks the RMB devaluation will burst the real estate bubble. He stressed that, in general, cheap exchange rates will help a country to promote exports. They will strengthen foreign exchange reserves. Then, large-scale asset revaluation can be carried out through currency appreciation. Once the exchange rate is close to the equilibrium point, asset revaluation will stop. In July 2005, China started the exchange rate reform of the RMB appreciation. At that time, China's foreign exchange reserve was only $800 billion, but now has quadrupled to reach $3.8 trillion. At the same time, China's real estate prices have soared to bubble levels. Hong Hao stated that if one learns from history, devaluation of RMB will pose strong resistance to elevation of asset prices. These assets are mainly real estate and stocks. Financial analyst Ren Zhongdao believes that once CCP officials empty the hot money and run overseas, China's real estate bubble will burst. Ren Zhongdao: "Suppose someone bought a property for one million yuan. The market value is less than one million now. But this person still has to pay the mortgage. Finally, this house may be taken back by the bank, which has no use for the property, and it cannot become cash. In fact, at the end, the country and the financial system are supported by people's hard earned money. The CCP officials will leave after they get the hot money. The government is also busy with infighting, and will not care if the people live or die." According to WSJ, "with the yuan down 2% against the dollar this year, more of the bets are losing money, said Geoff Kendrick, Head of Asian Currencies and Rates at Morgan Stanley." "He estimates that paper losses on one popular way companies hedge their yuan exposure and individual investors bet on the yuan, through what is known as target redemption-forward products, have hit $2.3 billion." "Beng-Hong Lee, Head of Markets for China at Deutsche Bank AG in Shanghai, says his corporate clients are concerned about how much more the currency will depreciate." WSJ added, "while the recent declines likely aren't big enough to trigger a stampede out of the yuan, the added 《神韵》2014世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 1239 ChinaForbiddenNews
Information source: European Central Bank... Official exchange rates of the European currency... Euro foreign exchange reference rates... 1 Euro to USD United States dollar 1 Euro to JPY Japanese yen 1 Euro to PLN Polish zloty 1 Euro to SEK Swedish krona 1 Euro to CHF Swiss frank 1 Euro to NOK Norwegian krone 1 Euro to MXN Mexican peso 1 Euro to CNY Chinese yuan renminbi 1 Euro to CAD Canadian dollar 1 Euro to BRL Brazilian real 1 Euro to AUD Australian dollar 1 Euro to RUB Russian rouble 1 Euro to TRY Turkish lira 1 Euro to INR Indian rupi 1 Euro to GBR Pound sterling 1 Euro to IDR Indonesian rupiah 1 Euro to WON South Korean won 1 Euro to HRK Croatian kuna 1 Euro to RON Romanian leu 1 Euro to DKK Danish krone 1 Euro to NZD New Zealand dolar 1 Euro to BGN Bulgarian lev 1 Euro to ZAR South African rand 1 Euro to MYR Malaysian ringgit 1 Euro to PHP Philippine piso Euro rates today... Euro forex prices... Euro chart... EUR/USD forecast... EUR/JPY, EUR/GBR, EUR/RUB, EUR/INR, EUR/PHP, EUR/AUD, EUR/TRY, EUR/CNY, EUR/BRL, EUR/CNF, EUR/NZD, EUR, EUR/IDR, EUR/SEK, EUR/NOK, EUR/CAD, EUR/MXN How much euro... Euro döviz kuru... Обменный курс евро... यूरो मुद्रा विनिमय दर ... Euro valutakurser ... Nilai tukar mata uang Euro ... 歐元貨幣匯率... 유로 환율 ... Rate ng palitan ng Euro ... ユーロ為替レート... Rátaí malairte airgeadra Euro ... Tipo de cambio de moneda euro ... Taxas de câmbio do euro ... Rata de schimb a monedei euro ... Kursy walutowe euro ...
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Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews So far this year, the Chinese Yuan had dropped by about 3% in its value against dollar. On May 12, the Yuan depreciated by another 44 basis points to 6.1625 Yuan per dollar, which is the lowest in 8 months. Experts commented that the Chinese Communist Party (CCP)'s central banks are attempting to control the currency market. It keeps artificial control on exchange rates by holding a huge amount of dollars. To incite more exports, the CCP had been systematically depreciating the Yuan this year. However, after the truth about China's economic slowdown was known by the world, China's exports have seen no real improvement. Furthermore, the Yuan just kept on dropping and prices kept increasing in China as the CCP had printed a lot more money for foreign currency reserves. On May 12, the exchange rate of Yuan drops to about 6.16 per dollar, 44 basis points lower than the previous trading day. That was also its lowest point in 8 months. A Bloomberg analysis said that the Yuan had been dropping for four consecutive months, which is the worst slip seen through a several-month span in at least 7 years. This mainly results from investors worry that China's economic slowdown will get much worse, and the CCP's central bank is artificially depreciating Yuan. Hong Kong's South China Morning Post, reported that if the Yuan increases too fast in value, China's exports can hardly hit a 7.5% increase per year, which will lead to a major market deterioration in China. On the other hand, depreciation of the Yuan are just steps away from globalization of the currency. Gong Shengli, a Chinese financial think tank researcher, told NTD that, several years ago the CCP's central bank had restricted Yuan's exchange rates floating within 0.1% and 0.3%. Now the range has been eased to around 2%. Gong said; as exports dropped significantly, the CCP's central bank artificially called for a downturn of the exchange rates. Gong Shengli:"Currently the CCP is facing a dilemma. Depreciation of Yuan fails to create more exports, and appreciation will be a huge strike at Chinese companies. Without exports the whole state will earn much less. The biggest trouble with the Yuan is that the Yuan's exchange rates are not free to balance with other currencies as it is under artificial control." In this year's Canton fair, the overall export trading volume is only $31.6 billion, which drops by 10.9% compared to the previous year. In addition, investors mostly agree that depreciation of the Yuan has becomes a general trend and they are rushing to sell Yuan for dollars, which had further speeded up depreciation of the Yuan. This causes direct economic loss for Chinese companies' orders from foreign countries. US Treasury Secretary Jacob Lew said in his visit to Beijing that China should speed up its reform on exchange rates, and allow the Yuan to float more freely due to market factors. Ren Zhongdao, Chinese financial analyst:"The CCP's control on exchange rates is hurting both itself and others. The policy is bad for Chinese people and its trading partners. It is also damaging to the regime itself because the party printed too much money that hurts its own economy." In the first quarter of 2014, the CCP's foreign currency reserves reached 4 trillion dollars. In his recent visit to Kenya, Premier Li Keqiang admitted that huge foreign currency reserves is a huge burden on the CCP government, as it may stoke inflation and greatly cast pressure on macroeconomic control. The Epoch Times commented that the CCP was forced to begin the so-called "Economic Reform" in 1978, as it faced difficulties both inside and outside the state, especially a collapsing economy. After that, all levels of the CCP governments seek growth in GDP, exports and investment over everything else. They even sell land and manpower at low prices, pollute the environment and overuse natural resources simply to get more foreign currency reserves. Then the party glorifies itself via propaganda by showing that as the CCP's major "economic achievement". However, huge amounts of foreign currency reserves are causing economic loss for all Chinese. World Bank made a survey of 12,400 companies among 120 Chinese cities in 2005, and found that the net return of foreign companies in China is 22%, a shockingly high ratio. On the other hand, the return of US Treasury Securities held by the CCP is only 3%. China has thus suffered an economic loss of over $700 billion between 2008 and 2012. Since Yuan-to-Dollar exchange rate began to float in 2005, a stable appreciation of Yuan had attracted a huge amount of hot money, including the money transferred by the CCP bigwigs to overseas 《神韵》2014世界巡演新亮点 http://www.ShenYunPerformingArts.org/
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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
Views: 151 CCTV Video News Agency
Welcome to our new video series called "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today. This episode features Dr. Yuning Gao, a post-doctoral research associate at Cambridge Finance's Centre for Financial History at the University of Cambridge, speaking about the future of China and the RMB. Gao looks at these issues from the perspective of economic history. Should China internationalize the RMB? Will it take the lead on sustainable development? Can it maintain growth and productivity? Watch the interview to find out!
Views: 3459 New Economic Thinking
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Views: 43 CCTV English
Language: Hindi, Topics Covered: - How will China benefit from Yuan becoming SDR-currency? - Yuan Exchange rate regime and its libelirazation to pass IMF’s “SDR idol audition” - Impact of Chinese monetary & exchange rate policies on world economy and Indian economy - China Black Friday Monday (24th August 2015)- the bubble and collapse of Chinese share market - How China giving “Stimulus” to bailout market? - Implications of China Stockmarket Meltdown on World Economy and Indian dalal street - China black Friday – Why it can’t happen in India? - Mock Question: Though fundamentals of Indian economy are strong, the contagious effect of globally integrated economy has made negative impacts on India in recent times. Discuss with special reference to US, EU and China. - Mock Question: “1st world’s low-interest rate policies & quantitative easing, are unleashing financial turmoil on emerging-market economies”. Discuss in context of India. - Mock Question: Vibrant financial markets are critical to a country’s GDP growth. Examine the importance of proposed GIFT city in this regard, & discuss challenges in its setup. Faculty Name: Mrunal Patel Powerpoint available at http://Mrunal.org/download Exam-Utility: UPSC IAS IPS Civil Services Mains exam, General studies papers and Essay writing
Views: 61109 Mrunal Patel
China's central bank has announced a new way of managing the exchange rate to better reflect market forces. This has fueled rumors about government manipulation to bolster flagging export and a possible currency war. But experts say the depreciation of RMB is just temporary growing pains.
Views: 227 New China TV
https://www.thecasesolutions.com This Case Is About STRATEGY & EXECUTION Get Your CHINA AND THE YUAN-DOLLAR EXCHANGE RATE Case Solution at TheCaseSolutions.com TheCaseSolutions.com is the number 1 destination for getting the case studies analyzed. https://www.thecasesolutions.com/china-and-the-yuan-dollar-exchange-rate-2-46668
Views: 23 TheCaseSolutions com
China's stock markets are in self recovery and adjustment mode after the recent ups and downs, and China will continue reforms that allow the RMB to float both ways, Chinese President Xi Jinping said during a speech at the 3rd China-US Governors Forum in Seattle on Tuesday. 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: 432 CGTN
https://www.thecasesolutions.com This Case Is About China and the Yuan-Dollar Exchange Rate Case Solution and Analysis Get Your China and the Yuan-Dollar Exchange Rate Case Solution at Thecasesolutions.com https://www.thecasesolutions.com/china-and-the-yuan-dollar-exchange-rate-2509
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► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs FT emerging markets editor James Kynge talks to Izabella Kaminska about the implications and motivations behind the increased flexibility of China's exchange rate mechanism. For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 2750 Financial Times
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: 2450 ForexConspiracy
IMF, 中위안 SDR 바스켓 편입 발표…라가르드 "역사적 이정표" China's yuan has officially joined the elite club of reserve currencies,... marking a milestone for the Chinese government's campaign for recognition as a global economic power. The yuan on Saturday joined the U.S. dollar, the euro, the yen and British pound in the IMF's so-called "special drawing rights" or SDR basket, which determines currencies that countries can receive as part of IMF loans. The People's Bank of China hailed the inclusion,... saying it's an affirmation of the success of China's economic development and results of the reform and opening up of the financial sector. The bank added that China will use the opportunity to further deepen economic reforms and open up the sector to promote global growth. The IMF announced last year that it would add the yuan to the SDR basket, so the inclusion is not expected to shake up financial markets. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 1497 ARIRANG NEWS
Official exchange rates of Pakistan's currency (Rupee)... (Information Source: State Bank of Pakistan) 1 USD United States Dollar to PKR 1 EUR European Euro to PKR 1 JPY Japanese Yen to PKR 1 CNY Chinese Yuan to PKR 1 TRY Turkish Lira to PKR 1 RUB Russian Ruble to PKR 1 INR Indian Rupee to PKR 1 BRL Brazilian Real to PKR 1 AED UAE Dirham to PKR USD/PKR forecast EUR/PKR INR/PKR Exchange rates in Pakistan... Forex in Pakistan... Money exchange rates in Islamabad... Wechselkurse der pakistanischen Rupie (PKR) ... Pakistani rupee rates today... PKR prices... How much Pakistan rupee... Exchange rates of the Central Bank of Pakistan... USD rates in Pakistan... Euro rates in Pakistan... Dollar rates in Pakistan... Currency exchange business in Pakistan... PKR rates today... پاکستانی روپیہ کی ایکسچینج کی شرح پاکستان میں امریکی ڈالر کی شرح ... پاکستان میں یورو کی شرح ... پاکستان میں کرنسی ایکسچینج کی شرح ... سٹیٹ بینک آف پاکستان ایکسچینج کی شرح ... Pakistan rupisi döviz kuru... Курсы валют Пакистанской Рупии (PKR)...
Views: 931 BusinessMediaguide.Com
Subscribe to Hidden Forces and gain access to the episode overtime, transcript, and show rundown here: http://hiddenforces.io/subscribe In Episode 85 of Hidden Forces, Demetri Kofinas speaks with China expert Anne Stevenson-Yang about the imminent dangers facing global financial markets in the event of a break in the renminbi-dollar peg. In the years leading up to the Great Financial Crisis, it was generally understood that the Chinese were artificially depressing the value of the RMB vis-à-vis the USD, in order maintain an abnormally large current account surplus that would be recycled into western financial markets in the form of government securities, equities, real estate, etc. By recycling so much of the proceeds from trade back into foreign markets, the CCP managed to maintain a lower exchange rate than it otherwise would be, were it to convert those dollars back into renminbi. In other words, China was suppressing the value of its currency. Bob Wittbrot calls this recycling process the “Boomerang Greenback.” This dynamic worked extraordinary well until the world went into recession around the time of the great financial crisis, which marked a peak in China’s current account. The CCP also met the crisis by expanding bank lending, easing credit, and fueling investment even further. In addition, by maintaining interest rates and the cost of capital well-below the rate of inflation during China’s multi-decade boom, the CCP has managed to keep households’ share of the economy at low enough levels to induce an overall high-savings rate for the country (by having less disposable income than would otherwise be expected for an economy this size, the average Chinese citizen spends less on consumption than he or she otherwise would, absent financial repression). This has been an additional shot in the arm for investment. At some point post-2008 (judging from their foreign exchange reserves, this appears to have started somewhere around the start of 2014) China went from artificially suppressing the value of its currency to artificially supporting it. Unlike a country like Thailand, however, whose currency peg famously broke under the speculative attacks of foreign investors during the 1997-98’ Asian Financial Crisis, the Chinese have managed to avoid such a scenario on account of maintaining a closed capital account (exercising tight capital controls). Coupling that with a current account surplus, the CCP has been able to obtain the hard currency it has needed in the last 5 years or so in order to buy the various inputs required to run their economy and keep the cycle going. The problem is that China generated a tremendous amount of money and credit since the Follow us on Twitter: https://twitter.com/hiddenforcespod Follow us on Facebook: https://www.facebook.com/hiddenforcespod/ Follow us on Instagram: https://www.instagram.com/hiddenforcespod/ Follow us on Twitter: https://twitter.com/hiddenforcespod Follow us on Facebook: https://www.facebook.com/hiddenforcespod/ Follow us on Instagram: https://www.instagram.com/hiddenforcespod/
Views: 2291 Hidden Forces
Jin Zhongxia, the IMF’s Executive Director for China, explains how the Chinese government tries to strike a balance between exchange rate stability and flexibility by maintaining a market sensitive, rather than a market-determined, exchange rate. 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: 184 Brookings Institution
Yuan strength softens chinese demand for foreign currency SUBSCRIBE my channel here: https://goo.gl/F8gn4Z source video: http://c.newsnow.co.uk/A/2/902742108?-18803:4733:0 G+ here: https://goo.gl/UzMJVe ---------------------------------------------------------------------------------------------------- Banks in China sold $3.8 billion more foreign exchange than they bought last month, down from $15.5 billion in July and $9.5 billion a year earlier. Smaller net sales of foreign exchange by banks indicate a recovery in demand for yuan among Chinese individuals and companies. Photo Visual China Beijing — Demand for foreign exchange in China fell to its lowest level in more than two years in August, government data show, as capital outflows eased due to tightened scrutiny and expectations for continued strengthening of the yuan diminished the appeal of other currencies. Banks in China sold $3.8 billion more foreign exchange than they bought last month, according to data released by the State Administration of Foreign Exchange SAFE on Monday. Although that was the 26th straight month of net sales, the figure was down from $15.5 billion in July and $9.5 billion a year earlier. Smaller net sales of foreign exchange by banks indicate a recovery in demand for yuan among Chinese individuals and companies. “China’s economy has continued to stabilize and improve, which boosted market confidence,” an unnamed SAFE official said in a statement accompanying the data release. “The yuan’s exchange rate … stabilized and strengthened, leading expectations and transactions by domestic participants in the foreign exchange market to become more rational. Market Expectations “Looking ahead, Chinas crossborder capital flows are expected to remain stable, orderly and generally balanced as economic fundamentals improve further, opening up deepens and market expectations continue to stabilize,” the official said. Breaking down the numbers, banks sold a net 27.6 billion yuan $4.21 billion of foreign exchange last month on behalf of their clients, the lowest amount in a year and down from 42.8 billion yuan in July and 92.3 billion yuan in June. But banks bought a net 2.1 billion yuan of foreign currency for themselves, bringing the total down to 25.6 billion yuan, equivalent to $3.8 billion, SAFE said. After depreciating 6.5% against the U.S. dollar last year, the yuan has unexpectedly strengthened this year, with a strong rally of around 2% in August that took its appreciation in the first eight months of the year to around 5.7%. The yuan has benefited from the weakness of the dollar amid concerns over the economic policies of President Donald Trump, and from moves by the Chinese government to support the currency through measures such as tightened scrutiny of capital outflows an... ----------------------------------------------------------------------------------------------------
Views: 111 Hot News
Hong Kong (CNN Business)China's battered currency is trading at its lowest point since the global financial crisis, leaving investors asking how much farther it might fall. The yuan sank past 6.97 to the dollar in Tuesday morning trading in Asia, its weakest level since May 2008. The currency has now slumped more than 9% against the greenback since January, dragged down by interest rate hikes in the United States, fears over the health of China's economy and the trade war between the two countries. https://www.cnn.com/2018/10/30/business/chinese-yuan/index.html http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
Views: 165 Wochit Business
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: 666 CGTN
Yao Yudong, head of the Research Institute of Finance and Banking under China's central bank, dismisses concerns about RMB exchange rate fluctuation. Following the decision of the International Monetary Fund to include the RMB in its SDR basket, Yao said Chinese economy can offer more liquidity for the global market. Besides, many developed and emerging countries could search for investment from Chinese enterprises and banks, especially the Asian Infrastructure Investment Bank or AIIB.
Views: 249 New China TV
Powerpoint Creation & Animation Credit - Melanie Petersen Audio Credit - Eric Neo Video Editing - Mitch Patterson Script Creation - Steven Li, Melanie Petersen, Eric Neo, Mitch Patterson
Views: 1405 Mitchell Patterson
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. https://www.brookings.edu/events/gaining-currency-the-rise-of-the-renminbi/ (Transcript available) 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: 4315 Brookings Institution