t should be better. That requires policy departments to study abroad to allow individuals, enterprises of investment, including securities investment, etc. This will have needs and preserve foreign currency will. Of course, domestic development foreign currency debt markets, allow foreign currency bonds business, also can increase investment Tiffany Outlet channels. Without these policies, expected currency appreciation in the background, to achieve "Tibet remit for people" is difficult. Three, foreign currency reserves is more or less? 1. Discuss appropriate scale of little sense. It is difficult to answer questions. The traditional sense of foreign exchange reserves main purpose is: to pay for Tiffany Jewelry the imported, repay debt, interfere exchange rate. So, as long as they can meet the three demand, the scale of the reserve accumulation is enough. Imports and debt service needs of foreign exchange reserves, have international computational standard, can also according to their own needs and foreign exchange earning ability to accurately predict Tiffany And Co Outlet , need not particularly big. Recently, XiaBin proposed by comrade 7,000 billion of foreign-exchange reserves scale is appropriate, the computation basis is imported by 6 months calculation, external debt by all external debt balance calculation, this is obviously higher calculation (China economy times 2006.4.11). International import foreign reserves Tiffany Co Outlet are generally press 3 months, external debt is calculated according to the short-term debt (including long-term debt when payments) to calculate the scale, most again considering the future 1 year of enlarging trend, consider guaranty. But don't need such a large caliber. The foreign exchange currency intervention into general is completely free floating Tiffany Necklace exchange rate of circumstances, or special background only require relatively large, generally are not very costly. After the Asian financial crisis, the reserve national general recognition that foreign exchange reserves affect not only national prestige and credit rating, but also prevent currency crisis is the important means of blow speculative strength Tiffany On Sale is the most powerful weapon. Accordingly, the country must have enough foreign exchange reserves to deal with the impact of speculative forces, maintain monetary credit and national credit rating. But exactly how much reserves to cope with speculative impact and the currency crisis? This basically see speculative capital size and strength of speculative deadline Tiffany Earrings . Therefore, this also is can be calculated. But China is now no RMB offshore foreign exchange, this factor need of foreign-exchange reserves don't need a large. National exchange rate system reform and openness to expand etc, also exist certain risks, it also requires a certain foreign exchange reserves. Of course, the largest foreign exchange reserves in mainland Tiffany Rings China for maintaining Hong Kong currency stability and financial stability is very important also. At present the offshore RMB trade, not the future possibility Tiffany Jewelry Outlet
