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May 7, the central bank announced the latest foreign exchange reserve size data show that by the end of April 2017, China’s foreign exchange reserves of 3.03 trillion US dollars, compared with the end of replica watches uk March increased by 20.4 billion US dollars, an increase of 0.7%, which is the third consecutive month to rise The The first quarter of this year, bank settlement also showed that the foreign exchange settlement and trade deficit narrowed sharply, the pressure of cross-border capital outflows slowed down.
From the beginning of this year, the dollar index quickly to the fake watches pressure on the RMB exchange rate, foreign exchange reserves can hold 3 trillion mark, the market worried. Now, with the changes in the situation at home and abroad, the industry believes that cross-border funds outflow of the “worst” has ended.
Data show that the first quarter of this year, bank foreign exchange sales deficit of 40.9 billion US dollars, of which the March deficit of 11.6 billion US dollars in January and February were 19.2 billion and 11.1 billion US dollars, the size of the deficit compared to the previous has been substantially narrowed. In the replica watches fourth quarter of 2016, the bank trade deficit was $ 94.3 billion, $ 1.24 billion, $ 49 billion and $ 69.6 billion in the first, second and third quarters respectively. This data shows that China’s foreign exchange supply and demand gradually tend to basic balance.

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