RMB Has Formed A One-Way Devaluation, And Funds Continue To Panic Outside.

Strict foreign exchange control and letting the exchange rate fall will cause short-term sharp fluctuations, which is a very likely move.

Foreign exchange reserves should not be kept at the exchange rate, so long as hard currency falls, we are not afraid of it.

The implication is simple: where the market wants to fall down.

First, cover your cards.

The game is to defend their bottom line, find each other's weaknesses, and try to find common ground.

Clear bottom can describe juvenile innocence.

It's not a good word.

If you have a bottom line and principles, you must have skills. You can see through a game of cards, so there is nothing to fight.

The renminbi is now partly clear, which is rather bad for us.

China is in the process of economic restructuring. At present, the manufacturing industry is upgrading and deleveraging. The RMB exchange rate is unlikely to rise for a long period against the US dollar. The earth knows that it is difficult to reverse the long-term downward expectation of the RMB market.

Every time the central bank struggled to support the market, it only won a rare operation time for foreign exchange investors.

It's a bit like real estate. Every time a policy is introduced, prices fall. It's a rare start time.

The exchange rate must never go back to the real estate market.

Since a basket of currencies is linked to the market, the market can roughly guess the general range of the renminbi's rise and fall.

Liu Ligang, chief economist of Citibank China, believes that the renminbi exchange rate policy, which focuses on a basket of currencies, is facing serious challenges.

According to Citigroup's forecast of other currencies and assuming that the central bank will maintain the stability of the RMB basket for CFETS and SDR currencies, it is easy to estimate that in 6 to 12 months, if the US dollar index rises sharply to 108.45, the euro, the pound and the Australian dollar will depreciate sharply (except rubles, all other currencies depreciate). The exchange rate of the US dollar will be 7.151 (in CFETS basket) or 7.232 (in SDR basket).

To disrupt market expectations, unexpectedly unilateral appreciation or unilateral.

Otherwise, the market will not be controllable.

Do not believe that the market bottoming out, and so on, the financial market will panic and do not know home, there are 18 layers under the 18 level.

Allowing a short-term crash is not the same as a panic crash.

There is only one way to strictly control the outflow of funds, so as to control the trend of devaluation.

7.35 is a critical point. We must not break through next year.

Experts suggest different ways to do so. Listen to the claims of the market frontline.

What I have heard is that a fair value must be set up internally, and there must be a big fall. This will not only allow the market to break the expectation of unilateral fluctuations, but also make the market no fundamental panic.

We must firmly grasp the autonomy and control the passageways if necessary.

It is a good practice to take advantage of the offshore market price, and borrow the forward dollar to support the current market. We must control the risk and predict that the next year's sharp fall is normal.

Three, some basic approaches to credit can not be beneficial in the short run.

Some people have an idea to calculate the foreign exchange reserves and calculate the private reserves, so that China is more than $20 trillion in foreign exchange reserves, rather than 3 trillion.

This idea is also a long history. In 50s, every family dedicated the iron pot to our country.

The bad idea of the search for people's fat is like declaring to the world that we will not protect private property. If necessary, we will let the private dollar, gold and all discounted ones be handed over.

Although things are urgent, some things can be done, such as narrowing the gate of funds, such as letting the funds go through the audit, and having a real trade background.

But some things can not be done absolutely. Some bottom line must not be touched. For example, we must never stare at the pockets of public funds, and create the public opinion that this wealth may also be the government, and the nature will change, and the panic generated will be beyond control.

It is a bad idea to think that damaging the middle income class's activities is to shake the country's foundation.

Will China become a decent and economically developed country in the future?

For more information, please pay attention to the world clothing shoes and hats net report.