The nearest railway station to the center of Nanning goes to Bei
Publish: 2021-05-03 22:39:23
1. Take a train at the gate of a railway station or a bullet train
2. When one country's currency is used to value another country's currency, fundamental analysis includes the study of macroeconomic indicators, asset markets and political factors. Macroeconomic indicators include economic growth rate and other figures, which are calculated by GDP, interest rate, inflation rate, unemployment rate, money supply, foreign exchange reserves, proctivity and other factors. Asset markets include stocks, bonds and real estate. Political factors will affect the degree of trust in a government, social stability and confidence
the government will intervene in the money market to prevent the money from significantly deviating from the ideal level. The intervention of money market is carried out by the central bank, which usually has a significant but temporary impact on the foreign exchange market. The central bank can buy / sell its own currency unilaterally with another country's currency, or cooperate with other central banks to intervene, so as to achieve more significant results. Or, some countries can try to influence the change of currency value only by issuing intervention hints or threats< According to the theory of purchasing power parity, the exchange rate is determined by the relative price of the same group of commodities. Changes in the inflation rate should be offset by equal but opposite changes in the exchange rate. Take a classic case of hamburger. If a hamburger is worth 2.00 US dollars in the United States and 1.00 British pounds in the United Kingdom, then according to the theory of purchasing power parity, the exchange rate must be 2 US dollars per British pound. If the prevailing market exchange rate is $1.7 per pound, the pound is called undervalued currency, while the dollar is called overvalued currency. This theory assumes that the two currencies will eventually change to a 2:1 relationship
the main deficiency of the theory of purchasing power parity is that it assumes that goods can be traded freely, and does not include transaction costs such as tariffs, quotas and taxes. Another disadvantage is that it only applies to goods, but ignores services, which can have a very significant value gap. In addition, apart from the difference between inflation rate and interest rate, there are several other factors that affect the exchange rate< Interest rate parity (IRP)
interest rate parity stipulates that the appreciation (depreciation) of one currency against another must be offset by the change of interest rate difference. If the US interest rate is higher than the Japanese interest rate, then the US dollar will depreciate against the Japanese yen, and the extent of devaluation depends on preventing risk-free arbitrage. The future exchange rate will be reflected in the forward rate specified on that day. In our case, the forward rate of the US dollar is seen as a discount because the yen purchased at the forward rate is less than the yen purchased at the spot rate. The yen is seen as a premium
after the 1990s, there is no evidence that the interest parity theory is still valid. Contrary to this theory, currencies with high interest rates usually do not depreciate, but increase in value e to the long-term inhibition of inflation and being efficient currencies
balance of payments model
this model holds that the foreign exchange rate must be at its equilibrium level, that is, the exchange rate that can proce a stable current account balance. Countries with trade deficits will rece their foreign exchange reserves and eventually rece the value of their currencies. Cheap currency makes the country's goods more price advantage in the international market, but also makes imports more expensive. After a period of adjustment, the import volume is forced to decline and the export volume is increased, thus stabilizing the trade balance and currency balance
like the theory of purchasing power parity, the balance of payments model mainly focuses on trading goods and services, while neglecting the increasingly important role of global capital flows. In other words, money pursues not only goods and services, but also, more broadly, financial assets such as stocks and bonds. This kind of capital flows into the balance of payments capital account, which can balance the current account deficit. The increase of capital flow leads to the asset market model
asset market model
the rapid expansion of trade in financial assets (stocks and bonds) has enabled analysts and traders to look at money from a new perspective. Economic variables such as growth rate, inflation rate and proctivity are no longer the only driving factors of monetary change. The share of foreign exchange transactions derived from cross-border financial asset transactions has dwarfed the currency transactions generated by trade in goods and services
the asset market approach regards money as the asset price traded in an efficient financial market. Therefore, money increasingly shows its close relationship with the asset market, especially the stock market.
the government will intervene in the money market to prevent the money from significantly deviating from the ideal level. The intervention of money market is carried out by the central bank, which usually has a significant but temporary impact on the foreign exchange market. The central bank can buy / sell its own currency unilaterally with another country's currency, or cooperate with other central banks to intervene, so as to achieve more significant results. Or, some countries can try to influence the change of currency value only by issuing intervention hints or threats< According to the theory of purchasing power parity, the exchange rate is determined by the relative price of the same group of commodities. Changes in the inflation rate should be offset by equal but opposite changes in the exchange rate. Take a classic case of hamburger. If a hamburger is worth 2.00 US dollars in the United States and 1.00 British pounds in the United Kingdom, then according to the theory of purchasing power parity, the exchange rate must be 2 US dollars per British pound. If the prevailing market exchange rate is $1.7 per pound, the pound is called undervalued currency, while the dollar is called overvalued currency. This theory assumes that the two currencies will eventually change to a 2:1 relationship
the main deficiency of the theory of purchasing power parity is that it assumes that goods can be traded freely, and does not include transaction costs such as tariffs, quotas and taxes. Another disadvantage is that it only applies to goods, but ignores services, which can have a very significant value gap. In addition, apart from the difference between inflation rate and interest rate, there are several other factors that affect the exchange rate< Interest rate parity (IRP)
interest rate parity stipulates that the appreciation (depreciation) of one currency against another must be offset by the change of interest rate difference. If the US interest rate is higher than the Japanese interest rate, then the US dollar will depreciate against the Japanese yen, and the extent of devaluation depends on preventing risk-free arbitrage. The future exchange rate will be reflected in the forward rate specified on that day. In our case, the forward rate of the US dollar is seen as a discount because the yen purchased at the forward rate is less than the yen purchased at the spot rate. The yen is seen as a premium
after the 1990s, there is no evidence that the interest parity theory is still valid. Contrary to this theory, currencies with high interest rates usually do not depreciate, but increase in value e to the long-term inhibition of inflation and being efficient currencies
balance of payments model
this model holds that the foreign exchange rate must be at its equilibrium level, that is, the exchange rate that can proce a stable current account balance. Countries with trade deficits will rece their foreign exchange reserves and eventually rece the value of their currencies. Cheap currency makes the country's goods more price advantage in the international market, but also makes imports more expensive. After a period of adjustment, the import volume is forced to decline and the export volume is increased, thus stabilizing the trade balance and currency balance
like the theory of purchasing power parity, the balance of payments model mainly focuses on trading goods and services, while neglecting the increasingly important role of global capital flows. In other words, money pursues not only goods and services, but also, more broadly, financial assets such as stocks and bonds. This kind of capital flows into the balance of payments capital account, which can balance the current account deficit. The increase of capital flow leads to the asset market model
asset market model
the rapid expansion of trade in financial assets (stocks and bonds) has enabled analysts and traders to look at money from a new perspective. Economic variables such as growth rate, inflation rate and proctivity are no longer the only driving factors of monetary change. The share of foreign exchange transactions derived from cross-border financial asset transactions has dwarfed the currency transactions generated by trade in goods and services
the asset market approach regards money as the asset price traded in an efficient financial market. Therefore, money increasingly shows its close relationship with the asset market, especially the stock market.
3. Get off the train and go to the upper left corner of the railway station square. There are lots of buses to Beihai beside the square. You can take them directly.
4. Nanning to Beihai is very convenient. There are 24 trains arriving every day. Nanning station and Nanning east station each have 12 trains. You can see that station is more convenient. The journey is around 1:30 and the ticket price is 61 yuan.
5. Nanning doesn't arrive until 8 o'clock. When you get to Beihai passenger transport center, there will be no bus to Beihai
there are many buses from the railway station to Peking University passenger transport center, such as No.10, No.8, No.33, etc
when shopping in the passenger transport center, you must have the change ready to avoid being changed into counterfeit money by "ghost hands". You should buy a ticket at the passenger transport station and get on the bus instead of taking the Mustang outside for a cheap price
it's better to stay near the railway station for one night and then take the next day's train to Beihai.
there are many buses from the railway station to Peking University passenger transport center, such as No.10, No.8, No.33, etc
when shopping in the passenger transport center, you must have the change ready to avoid being changed into counterfeit money by "ghost hands". You should buy a ticket at the passenger transport station and get on the bus instead of taking the Mustang outside for a cheap price
it's better to stay near the railway station for one night and then take the next day's train to Beihai.
6. Jiangnan station, take bus No.31 (about 6 stations) / No.21 (about 11 stations) / No.31 (about 11 stations) / no.801 (about 16 stations) / No.41 (about 10 stations) to Jiangnan passenger station or Langdong station, take bus No.6 (about 19 stations) / No.52 (about 27 stations) to Langdong station at the railway station, and get off at 5 o'clock, which is close to the traffic peak time, conservatively estimated to be 1 hour
7. Hello, yes, yes. If I remember correctly, there are morning and evening trains departing on time, and there is one at 2:00 at noon. You leave the station and walk to the square on the left. There is a hotel there. There are many buses to Beihai, and they are full of people. But to be honest, after all, it's not from the station. Who is responsible for something? So I personally suggest that you leave the station and go ahead to the bus station. No.76 and No.6 should go to Langdong passenger station. No.6 should be faster... No.76 is 2 yuan, No.6 forgot.... then take the express bus to Langdong, 10 minutes a day, 1:00 a few minutes at noon... Then I will calculate for you a little more than 10:00 from the railway station. There is no pressure from Langdong to Langdong at 11:30, Leave at 12:00... Arrive at Beihai Nanzhu passenger station at 2:30 ~ ~ 3:00, then leave the passenger station and walk to the left. Pay attention to the station sign (the small sign is very hidden)... Take bus No.15 (1.5 yuan) for 40 or 50 minutes to Beibu Gulf square (the center of Beihai). Then, all the transfer buses in Beihai turn here. You can go anywhere... I hope I can help you
8. Nanning comprehensive transportation planning 2008-2020 has achieved planning results. The planning covers all aspects of urban transportation, and puts forward the construction plan to adapt to the future traffic development. Three main railway passenger stations will be planned and six new bus stations will be built. At present, only Nanning station has passenger transport business. There are many long-distance buses from Nanning to Beihai, and the bus fare varies with different comfort and time. 50-179 up and down are subject to ticket sales. It is recommended to take the train conveniently and quickly in the morning and afternoon, and each scenic spot in Beihai will be charged separately
9.
Under the gold standard, the gold parity of each currency is the basis of fixed exchange rate, and the gold delivery point is the boundary of exchange rate fluctuation. After the Second World War, a fixed exchange rate system centered on the US dollar was established. At the beginning of the establishment of the International Monetary Fund, it was stipulated that the currency parity of Member States should be expressed in a certain amount of gold or US dollars, and the international fixed exchange rate system was formed accordingly. Under this system, the currency exchange rate of a member state can only fluctuate within 1% of the upper and lower limits around the ratio of its currency to gold parity. Later, although the fluctuation range of the exchange rate continued to expand, the fluctuation rules remained unchanged. When the fluctuation of the exchange rate of a country's currency against the US dollar exceeds this range, the monetary authority of the country has the obligation to intervene in the foreign exchange market and limit the fluctuation of the exchange rate within the prescribed upper and lower limits
After the 1960s, the US dollar depreciated again and again. On August 15, 1971, the United States announced that it would stop foreign banks from exchanging US dollars for gold. In February 1973, the US dollar depreciated again. The Bretton Woods system disintegrated, and the currencies of western countries were decoupled from the US dollar one after another. Instead of adopting the fixed exchange rate system, they changed to the floating exchange rate system{ RRRRR}Hot content