Monday, April 25, 2011

Ending war intensified global exchange rate there are no winners joint responses.

<P> Rate war has started </ P> <P> worry about the exchange rate is now too late for the war, because war has begun. .Held on the weekend, finance ministers and central bank governors worldwide failed to reach any resolution. .The world's major economies, exchange rate differences on the issue of an unprecedented large. .China accused the United States to pursue ultra-loose monetary policy, so a lot of money, such as flood flows to emerging economies, undermining the stability of the latter, while the United States insists that the International Monetary Fund (IMF) should strengthen attention to exchange rates and foreign exchange reserves .accumulation. .The final result of the lack of substantive agreement, and the parties with respect to the edge of the proposed reform policy of IMF, the Group of 20 may be (G20) summit in Seoul increase the month before the exchange rate volatility. .</ P> <P> relevant reports: </ P> <P> 1, the United States is ready to fly or secondary quantitative easing policy space to squeeze in China </ P> <P target="_blank"> 2, American director "currency war ."combined to suppress the rise of China </ P> <P> 3, Southern Metropolis Daily: The United States is difficult to win the global currency war </ P> <P> 4, seven western countries RMB Japan hesitated aphasia siege embarrassed </ P> < .P> U.S. loose monetary policy to prevent hot money influx of Asian countries to promote </ P> <P> side of the Fed to take further easing of monetary policy, want to "overshoot" stimulate the economy, there Japan, South Korea, Thailand and other Asian countries join forces against Europe .influx of hot money. .High unemployment, can not see the downward trend in the short term, and the market economy can not rely on its own strength to obtain a strong recovery in the case taken by the ultra-loose monetary policy, will aggravate the financial situation in Asia tide. .For such a situation, Japan, Korea, Thailand and other Asian governments have large inflows of hot money shot blocking, inhibiting their currencies appreciate. .World Economy Research Institute of Fudan University in China and China to accept the "International Finance," an interview, said: "If the Fed does not act, then can not change the current state of the economy, but also to stimulate the economy before all the measures proposed will .come to naught. "</ P> <P> relevant reports: </ P> <P target="_blank"> 1, the odds against hot money in emerging markets of war geometry </ P> <P> 2, emerging market experience hot money" attacks " .improper handling easily the asset bubble </ P> <P> 3, capital inflows, Asian central banks troubled </ P> <P> 4, the first Thai hot money pouring cold water on hot Sahuan straight </ P> <P> Western "Unemployment disease" can not be .Three economists underestimated the occasion winning </ P> <P> 2010 Nobel Prize in Economics was awarded this week, the occasion to study the problem of unemployment of three economists, underlines the West "Unemployment disease" has been .should not be underestimated, three scholars attempt to explain the theory of market transactions, the conflict exists, the theory can not only for the labor market, for solving a variety of policy issues will also help. .For example you can apply to the entire real estate market in economics and family economics. .In addition, this year's winners of the theory have also greatly improved the theory of the relevant market. .</ P> <P> relevant reports: </ P> <P> 1, this year's Nobel Keywords: unemployment job vacancies government intervention </ P> <P target="_blank"> 2, "Nobel Prize" Dance .Sword intended employment </ P> <P target="_blank"> 3,2010 Nobel Prize in Economics "Whispering three" </ P> <P> 4, Xu Bin: Nobel Prize Winner Theory to practical .reference </ P> <P> domestic central bank raised the deposit reserve rate of six banks </ P> <P> to curb the momentum to further expand domestic inflation, this week the central bank raised bank reserve requirements six large banks deposit reserve ratio .reserve ratio, to suppress new loans, managing the liquidity of the banking system. .According to bankers and analysts said this six banks within the next two months will be turned over to the respective central bank deposits of more than 0.5%. .They estimate that this will make the inter-bank system to reduce about 2,000 billion yuan (30 billion U.S. dollars) funds. .The six banks account for about half of China's total deposits. .Some analysts said the central bank to raise part of the bank deposit reserve ratio (RRR), was issued a warning to all banks that will not tolerate excessive loan growth. .</ P> <P> sudden tightening of monetary policy in Singapore a global "currency war" add another variable </ P> <P> in Asian countries, Singapore has taken the first tightening of monetary policy, as a response to this exchange rate war. .Singapore 14 October The HKMA announced unexpectedly tightened monetary policy, so that the overall rise of Asian currencies against the dollar, but also to the growing "currency war" added to many variables. .Monetary Authority of Singapore announced that Singapore will slightly increase the currency trading band against a basket of the slope, the mid-point range unchanged, the exchange rate policy will also expand the range of small, This shows that the HKMA will lead the Singapore dollar appreciated slightly to speed up the pace .. .Affected the U.S. dollar against Asian currencies fell overall. .</ P> <P> relevant reports: </ P> <P> 1, Xu NZ Monetary Authority of Singapore to speed up the appreciation of the dark interference countries have exchange rate </ P> <P> 2, Bank of Korea to keep rates unchanged for three consecutive months .</ P>.

No comments:

Post a Comment