Virtual currency window

1.

RMB offshore business refers to the deposit business of RMB outside China. Offshore market provides offshore financial business: the business in which both parties are non residents is called offshore financial business. Before the RMB is not fully convertible, there will be a trading market for the RMB flowing out of the country, so as to promote and ensure the development of RMB trade settlement

there are four criteria for becoming an offshore center of RMB: there are bilateral local currency swap agreements; China will open its quota of RMB qualified foreign institutional investors (rqfii); To appoint an official offshore clearing bank for offshore RMB; State owned financial institutions or government agencies in mainland China issue RMB bonds in the local (Offshore) market

extended data

every move of RMB internationalization is very important to the global market, especially in the case that the US dollar and euro, as the two major weighted currencies of the special drawing right (SDR), are restricted by internal economic factors and cannot be effectively used as reserve currencies. In this context, the success of RMB "basket", if it can become a widely recognized payment currency in the future, it must be able to disperse the risk of international monetary policy system

In fact, the Chinese government has been committed to the internationalization of RMB, including the signing of currency swap agreements with central banks, the establishment of RMB cross-border payment system (CIPS), the graal opening of domestic capital accounts, and the opening of Shanghai Hong Kong stock connect and Shenzhen Hong Kong stock connect. In the long run, the above measures will provide holders with opportunities to widely use RMB, promote the use of RMB and promote the development of China's investment market

In the past few years, the process of RMB internationalization has reced the operating costs of multinational enterprises in China. According to the data observed by swift in October 2016, RMB ranked sixth in international payment share and third in trade financing. Obviously, the entry of RMB into the basket will enhance the overall international status of RMB

2.

If the space is enough, make a filter. If the space is not enough, use an external filter. It is better to use live water to treat sewage

Water treatment methods include physical treatment and chemical treatment. Human beings have been treating water for quite a long time. Physical methods include the use of filter materials with different pore sizes, and the use of adsorption or barrier methods to exclude impurities in water. The more important adsorption method is activated carbon adsorption. The barrier method is to pass water through the filter materials, so that larger impurities can not pass through, And then get clean water

in addition, physical methods also include precipitation method, that is, let the impurities with smaller specific gravity float on the water surface to be fished out, or the impurities with larger specific gravity precipitate on the water surface to be obtained. The chemical method is to use various chemicals to transform impurities in water into substances that do less harm to human body, or to concentrate impurities. The oldest chemical treatment method should be adding alum into water. After the impurities in water are collected and the volume becomes larger, the impurities can be removed by filtration

generally speaking, sewage treatment includes the following three stages: the first stage is to remove the stones, sand, fat, iron ions, manganese ions and grease contained in the sewage by mechanical treatment, such as grid, sedimentation or air flotation. Secondary treatment is biological treatment, pollutants in sewage are degraded and transformed into sludge under the action of microorganisms. Tertiary treatment is the advanced treatment of sewage, which includes the removal of nutrients and disinfection of sewage by chlorination, ultraviolet radiation or ozone technology. Some wastewater treatment processes may not include all of the above processes according to the treatment objectives and water quality

3. Voting cycle: the voting cycle is 3 days, and only 3 items are selected to go online in each round< < br > voting rules: the voting crowd is okex users and professional investors < br > professional investors can only select one project for support in each phase, and there is no need to pay okb. The final selected project can only be launched with the support of at least three professional investors< Br > users vote with okb, which is 0.1okb for each vote. Users can choose multiple items to vote in each period, and at least one vote can be cast. During the voting period, users are not allowed to refund their votes< Br > ring the voting period, okb of users and professional investors can participate in happy Friday activities, but the risk protection fund of the project party cannot participate in happy Friday activities. 1. Winning project: within 24 hours after the voting, the platform will return all the okb paid by the winning project to the voting users< Br > failed item: if the failed item continues to vote in the next period, the user can manually choose to refund the vote, and the initial number of votes of the project party in the next period will be recalculated according to the user's manual refund. If the unsuccessful items do not participate in the next round of voting, all the voting will be returned. There is a refund window period for refund, and the time will be announced after the end of each voting period. If you need more details, you can click the upper right corner to turn to manual.

4. This has to be taken apart before it can be replaced
some gyroscopes can't be removed, so they can't be replaced.

5. At the end of January, before the Spring Festival, Chinese exporters and other enterprises will sell their foreign exchange reserves. Driven by the group settlement of foreign exchange, the RMB exchange rate may appreciate in January, reaching about 6.9
for those who have foreign investment, shopping, traveling and shopping abroad, please seize this window period

in the first quarter of 2020, the first stage trade agreement between China and the United States is expected to be formally signed, and the atmosphere will be relatively relaxed
in 2020, the forecast range of RMB / USD is 6.85-7.21. It is estimated that by the end of 2020, the central exchange rate of RMB will rise slightly to 6.7-6.9. But
the idea is always good, the black swan is always ready to move
in the short term, RMB is mainly stable. However, e to the external environment is still variable, the U.S. has absolute superiority in power in the future of the U.S. - Iraq conflict, and it is likely that there will be a small-scale conflict in the beginning.

6. Hello! Looking at the relevant analysis of the instry, we generally believe that the effect of RMB depreciation on house prices mainly covers three effects:

first, liquidity effect

the devaluation of RMB will rece the profit margin of speculative capital, promote the outflow of capital, cause the shortage of domestic funds flowing to the real estate instry, and then change the current relationship between supply and demand of real estate. Under the condition that the total supply of real estate remains unchanged, e to the lack of funds and demand support, the impulse of real estate price rise will be restrained< Second, reverse wealth effect

the devaluation of RMB will cause the price of imported goods to rise, which will lead to the decrease of imports, the rise of domestic commodity prices, the lack of social purchasing power, the sluggish consumption demand of real estate, and finally the downward pressure on house prices< Thirdly, substitution effect

under the devaluation of RMB, the government will intervene in the market to maintain the stability of the exchange rate, for example, by purchasing RMB and releasing US dollars to boost the exchange rate of RMB, which will lead to insufficient liquidity and restrain the rise of real estate prices

so through the above analysis, we can find that the depreciation of the RMB and the fall of the RMB exchange rate will strengthen the callback of the real estate price in the oversupply stage of the real estate market, which will help to break the market expectations of the unilateral rise of the real estate market and avoid further accumulation of the real estate bubble, which is beneficial to the healthy development of the real estate instry's release of risks.

7. We should choose us dollar assets with low volatility and stable return expectation, and cautiously speculate in foreign exchange and gold< On August 12, the exchange rate of RMB against the US dollar fell by 1000 points again. The reporter visited three banks and found that the number of people consulting for exchange was indeed increasing. Among them, the parents of overseas students who are going to travel abroad are more
at about 2 p.m., the reporter came to an ICBC branch near Lianbao road in Beijing and met a lady who came to inquire about the exchange
"it happens that the whole family needs to change dollars when they travel. A few days ago, they were too busy to change dollars at the outlets." The above lady said that the result was just a few days away. She felt that she needed to spend a lot more. She was afraid that she would continue to depreciate and made an appointment to exchange US dollars
the sharp drop of RMB means that it will cost more RMB to exchange the same US dollar than before. According to the above-mentioned lady's statement, it will also be exchanged for 10000 US dollars. According to the median price of 1 US dollar to 6.116 on August 10 and 1 US dollar to 6.3306 on August 12, it will cost more than 2000 yuan more on August 12 than on August 10
the staff of China Construction Bank, located near Lianbao Road, told reporters that in August, the exchange rate has increased significantly, not just in these two days
"the people who come to exchange foreign exchange are mainly those who travel, study abroad and manage money," said the staff of CCB. In the past two days, the RMB has depreciated, and the number of people who come to exchange foreign exchange has indeed increased. If the amount of exchange is relatively large, you need to make an appointment in advance
how to enjoy the dividend of US dollar appreciation
if the central parity of RMB against US dollar falls, it means that it will cost more RMB to exchange for the same US dollar
Yan Zijie, financial analyst of yinratenet, suggests that investors can focus on investment procts related to US dollars and gold. If there is a demand for overseas asset allocation, we should pay close attention to the recent trend of RMB exchange rate. Once the downward trend is established, we should formulate Countermeasures in time to rece the losses caused by RMB depreciation
according to the reporter, in the past, when RMB devalued, the popularity of foreign currency financial procts would increase, and the yield of foreign currency financial procts sold ring this period would also be higher than before. Yan Zijie explained: "the devaluation of the RMB against the US dollar will indeed affect some structured financial procts linked to the exchange rate. Therefore, for foreign currency financial procts, especially US dollar financial procts, we should focus on the trend of exchange rate. " A customer manager of China Merchants Bank also introced to the reporter that the number of customers asking about foreign currency financial procts has increased
the reporter inquired on the official website of instrial bank that the 28th issue of a US dollar wealth management proct named "Tiantian wanhuitong B" began to sell on August 5, 2015, and the highest annual return is expected to be 2.4%. When the 29th issue began to sell on August 12, 2015, the highest annual return is expected to have been increased to 2.5%
the depreciation of RMB also benefits QDII funds. QDII refers to the institutional investors approved by the relevant departments of our country who can invest in securities in the overseas financial market. A fund manager of Societe Generale Securities told reporters that as the US dollar strengthens and the Fed's expectation of raising interest rates strengthens, the investment value of some QDII funds will show up
he Kai, investment director of Boshi fund international group, said that there may be further moderate depreciation of RMB in the future. He Kai suggested that investors further allocate dollar assets, but also reminded that in the process of asset selection, they should pay attention to choose assets with less volatility and stable return expectation, so as to fully enjoy the dividend of dollar appreciation
it is not suitable to buy a large amount of gold
how to maintain and increase the value of assets when the exchange rate of RMB against US dollar falls? Which assets are more risky and should not be bought? Instry analysts believe that pulp, aviation stocks will be under pressure, speculation in foreign exchange and gold need to be cautious
the director of Great Wall Securities Research Institute said to Weida that the fluctuation of RMB exchange rate in the past two days has come suddenly, which makes some market investors uncertain about the future, and then reces RMB assets and increases US dollar assets. This may lead to RMB denominated stock and real estate prices falling
Xiang Weida pointed out that from the instry point of view, the decline of RMB exchange rate is unfavorable to enterprises with high foreign exchange debt. For example, airlines with heavy foreign exchange debt and pulp relying on imports will bear more pressure, and related stocks and bonds may be dragged down
Yan Zijie, an analyst at yinbei.com, believes that for ordinary investors, they should not easily get involved in foreign exchange speculation and exchange rate linked assets. Although the current RMB exchange rate has fallen, but the central bank will set it as "reasonable adjustment", the follow-up market is still difficult to have a conclusion
Ling Toyota, general manager of the marketing department of China Gold Group Gold Jewelry Co., Ltd., believes that gold is still in a bear market at present, and the expectation of the Federal Reserve to raise interest rates in the third quarter has increased, so gold prices are still under pressure. In addition, gold prices have risen recently e to hedging demand, so it is not suitable to buy a large amount of gold in the near future. Before and after the US Federal Reserve's interest rate hike, it may be a window period for gold investment.

8. We should control the "window period" brought by the short-term dividend of the "market rescue" policy, such as lowering the reserve requirement and interest rate. If it is commercial and residential, the business center of Renmin Li is not bad

9. Some financial analysts believe that the dollar and the euro are natural enemies. They think the US doesn't like the euro and want a chance to destroy it. But look at the International Monetary Fund, which represents the United States. What is it doing now? They encouraged Europe to print more euros to solve their European debt crisis
do you still believe that the US dollar and the euro are competitors and oppose each other? Of course they are not. Basically, the US dollar and the euro are good financial war partners in this financial market full of financial frauds. More euro is used to buy US dollars, which leads to the decrease of US dollar supply in the market and the rise of US dollar exchange rate. The strong demand for us dollar makes us dollar continue to be a monopoly international currency. If there is no market, US dollar will lose its monopoly position, which will be the biggest and most dangerous financial crisis that the United States once had
strengthening the U.S. dollar will promote overseas U.S. dollar loans, sell its U.S. overseas investment, buy back the U.S. dollar, and prevent it from becoming too expensive and suffering exchange losses. US dollar overseas investment has begun to sell off their investment in other countries, return to the United States and convert it into US dollar investment, which will last for several years to maintain US economic growth.