Request any song you want for FREE! All songs requested will be tuned to a 432 Hz frequency.

Request Now

TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAI page located HERE and access the private page.

If you're having trouble please give me an email at TetelestaiDC@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject line of your email should be: "Entry | (Title of your post) | Dinar Chronicles"

- Proper grammar
- Solely write intel, rumors, news, thoughts, messages regarding Dinarland, Iraq, the RV, the GCR, NESARA/GESARA, the Republic, Spirituality, Ascension and anything that is relating
- Your signature/name/username at the end (If you wish to remain anonymous then you don't need to provide one.)

If you have any questions or wish to communicate with us then please give us an email at UniversalOm432Hz@gmail.com

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

"Gold-for-Gold" - GCR/RV Overview - Friday - May 26, 2017

Received via email at 8:53 AM EDT for publication. ~ Dinar Chronicles In the past, bulk reserves of gold were maintained by all global c...

Sunday, May 7, 2017

China's Capital Outflows Ease on Stable Economy

China Focus: China's capital outflows ease on stable economy, yuan


2017-05-07 18:25:54|Editor: MJ

BEIJING, May 7 (Xinhua) -- Pressure from capital flight has eased markedly as the Chinese economy firms up and the yuan stabilizes against the U.S. dollar.

China's forex reserves rose for the third month in a row in April, central bank data showed Sunday.

Forex reserves climbed to 3.0295 trillion U.S. dollars at the end of April from 3.0091 trillion dollars a month earlier, up 0.7 percent month on month, according to statistics from the People's Bank of China.

This was the first time since June 2014 the reserves expanded for three consecutive months.

The country's gold reserves also increased from 73.7 billion U.S. dollars by the end of March to over 75 billion U.S. dollars by the end of April.

The State Administration of Foreign Exchange (SAFE) attributed the continuous rise of forex reserves to stable cross-border capital flow and yuan appreciation.

Chinese enterprises have become more rational in buying forex thanks to a firmer economy and a stable yuan, SAFE said in a statement, adding that the size of forex reserves would become more stable in the future as the economy maintains steady expansion and the foreign exchange rate stays in a reasonable range.

There had been growing concerns about capital flowing out of the Chinese market in the second half of 2016, when the economy was facing looming downward pressure and the Chinese yuan was in the middle of a losing streak against the U.S. dollar.

In January, China's forex reserves declined below the closely watched 3-trillion-dollar mark for the first time since February 2011.

However, concerns about capital outflows have receded lately, with the Chinese economy on firmer footing, supported by a string of upbeat data including industrial profits, factory activity and fixed-asset investment.

The Chinese economy expanded 6.9 percent in the first quarter of this year, up 0.1 percent compared with Q4 2016.

However, the world's second-largest economy showed signs of softening momentum as the latest PMI data pointed to slower expansion of manufacturing and service activities in April, possibly due to tightening financial regulation.

The U.S. Federal Reserve on Wednesday left its benchmark interest rates unchanged as the central bank waited on more data to assess the U.S. economic outlook.

Most investors expected a rate hike at the Fed's June 13-14 meeting, which might add pressure for yuan weakness and capital outflows.

China does not want nor need to depreciate its currency to gain export competitiveness, and the PBOC's moves to inject liquidity into the forex market aim to avoid irrational depreciation and market panic, Pan Gongsheng, head of SAFE, wrote in the latest edition of China Finance, a leading industry magazine managed by the central bank.

"China's efforts to improve foreign exchange rate flexibility while maintaining stability are good for the world as they avoid spillover of disorderly yuan fluctuations and competitive depreciation of major currencies," Pan added.

Source: Xinhua

Reactions:

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More