The RMB Exchange Rate Index Fell Below The 99 Pass For The First Time.
The data released by China Foreign Exchange Trading Center (CFETS) on Monday (March 14th) showed that the RMB exchange rate index on Friday (11) was 98.82, down 0.34% from the previous week, down 1.18% from the end of 2014, and the index has reached its lowest level since the announcement. Of course, the overall volatility is still quite limited.
The exchange rate index of currency basket and special drawing rights (SDR) basket released by CFETS at the same time is 100.05 and 97.77 respectively, 0.29% and 0.41% lower than that of the previous week, respectively, compared with 0.05% at the end of 2014 and 2.23% at the end of.
The yuan rose 0.36% against the US dollar last week, as the dollar index fell further by 1.20%.
By the end of 2014, the renminbi still fell 4.53% against the dollar, while the dollar index rose by 6.54%.
RMB
The exchange rate index changed little in February and remained stable for a basket of currencies. In the future, the central parity of RMB will continue to show the characteristics of "closing exchange rate + exchange rate of a basket of currencies".
Analysts pointed out that the middle price is more predictable.
Intermediate price
Pricing is more pparent.
In December 11, 2015, CFETS released the first three observations of RMB based on different weights.
exchange rate
Index, followed by China's currency commentator article, said that the RMB exchange rate has the basic stability of a basket of currencies.
To facilitate market members and the public to obtain CFETS series of RMB exchange rate index data, since February 22, 2016, the China foreign exchange trading center has displayed the RMB exchange rate index function in China's currency network and regularly issued RMB exchange rate index data.
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According to the Ministry of commerce data, in 2016 1-2, the actual use of foreign capital in China amounted to 141 billion 880 million yuan ($22 billion 520 million), an increase of 2.7% over the same period last year.
The director of Foreign Affairs Department of the Ministry of Commerce pointed out that 1-2 months, China's absorption of foreign capital has the following characteristics:
The actual absorption of foreign capital in the service sector continued to grow, of which the high technology service industry rose relatively high.
In the 1-2 month of 2016, the actual use of foreign capital in the service sector was 89 billion 160 million yuan ($14 billion 210 million), an increase of 5.7% over the same period last year, accounting for 62.8% of the total national total.
Among them, the high-tech service industry maintained growth, and the actual use of foreign capital was 15 billion 910 million yuan (2 billion 520 million US dollars), an increase of 156.6% over the same period last year, accounting for 22.5% of the total amount of foreign capital actually used by the real estate industry.
In the high-tech service industry, the actual use of foreign capital in digital content and related services, information technology services, R & D and design services grew rapidly, which were 5 billion 180 million yuan (US $830 million), 4 billion 660 million yuan (720 million US dollars) and 3 billion 60 million yuan (490 million US dollars) respectively, representing an increase of 538.9%, 134.4% and 68.8% respectively over the same period.
Us, Japan, Singapore, UK and Germany showed increased investment in China.
In 1-2 months of 2016, the actual amount of investment in the United States, Japan, Singapore, Britain and Germany were 6 billion 290 million yuan ($1 billion), 4 billion 230 million yuan (660 million dollars), 5 billion 750 million yuan (900 million dollars), 2 billion 870 million yuan (460 million dollars) and 2 billion 740 million yuan (440 million dollars), respectively, representing an increase of 440 million, 440 million, 2 billion 740 million, and 5 billion 750 million respectively.
Foreign investment in the central and western regions has increased significantly.
In the 1-2 month of 2016, the amount of contractual foreign capital in the central and western regions was 25 billion 130 million yuan ($3 billion 820 million) and 15 billion 860 million yuan ($2 billion 440 million), up 26.2% and 14% respectively over the same period last year.
The actual use of foreign capital in the western region is RMB 9 billion 800 million yuan (US $1 billion 540 million), an increase of 8.1% over the previous year, which is 5.4 percentage points higher than the national growth rate.
Foreign M & A pactions are becoming increasingly active.
In 2016 1-2, the actual use of foreign capital in the form of merger and acquisition amounted to 39 billion 920 million yuan ($6 billion 90 million), an increase of 17.3% over the same period last year.
The share of mergers and acquisitions in actual use of foreign investment increased from 24.6% in the same period last year to 28.1% in 2016.
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