(Source: CCTV-2 Financial Channel "CCTV Financial Review" 2024-10-22)
On the morning of October 22, 2024, the State Administration of Foreign w88 online casino betting introduced the current overall situation of my country's foreign w88 online casino betting. In the first three quarters of this year, the trading volume of the RMB foreign w88 online casino betting market in my country increased by 10.1% year-on-year, with the balance of foreign w88 online casino betting reserves of US.316.4 billion, an increase of US.4 billion from the end of 2023. In addition, foreign w88 online casino betting market transactions are relatively active, and the RMB w88 online casino betting rate remains basically stable in two-way fluctuations. So what supports the increase in foreign w88 online casino betting reserves?Jiang Ping, Professor of Finance, School of International Economics and TradeInterpret.
In the first three quarters of this year, China's cross-border funds resumed net inflows, with banks' foreign-related income of US.259.4 billion, foreign payments of US.256.6 billion, and surplus of US.8 billion. Professor Jiang Ping said that my country's foreign w88 online casino betting market is highly active and the cross-border capital flow is balanced.
Foreign capital allocation assets generally show good momentum, and the proportion of RMB in global cross-border transactions has steadily increased. Professor Jiang Ping believes that the attractiveness of RMB assets comes from the following three points: First, China's economy shows stable and positive expectations, and the RMB currency value is stable; Second, the assets are diverse, my country has a perfect and multi-level capital market, providing a variety of channels and asset choices for foreign capital; Third, people's asset returns are relatively independent, and facing global geopolitical risks and the demand for de-dollarization after the US dollar's interest rate cut, the RMB has also become a better option.
The Federal Reserve announced a rate cut, and the operation of my country's foreign w88 online casino betting market has been affected to a certain extent.Professor Jiang PingIt points out that overall, the RMB w88 online casino betting rate remains basically stable in two-way fluctuations, which is inseparable from the continued development of the country's high-level opening up to the outside world and the further improvement of the resilience of the w88 online casino betting rate market. Counter-cyclical macro-prudential adjustment, balance of payments equilibrium, and expectations management of the central bank and the State Administration of Foreign w88 online casino betting play an important role in maintaining w88 online casino betting rate stability.
Professor Jiang PingSays that the US election on November 5 is a very large factor affecting the w88 online casino betting rate in the short term, which has brought great uncertainty to global monetary policy and may also bring a major blow to my country's foreign trade. For enterprises, in addition to doing a good job in foreign w88 online casino betting management, striving to improve the competitiveness of products is an important measure to deal with w88 online casino betting rate risks.
attached: Video News Link
https://tv.cctv.com/2024/10/22/VIDE57JB8TiEizOwq9AkBcJg241022.shtml
