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#1 09-10-2018 04:19:37


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BEIJING, Dec. 7 (Xinhua) -- China's foreign exchange reserves fell for the fifth straight month in November, the country's forex regulator said Wednesday.

Foreign exchange reserves stood at 3.05 trillion U.S. dollars last month, down 69.1 billion dollars or 2.2 percent from October, the State Administration of Foreign Exchange said, citing figures from the central bank.

The November figure is the largest monthly drop since January this year, and it brings China's foreign exchange reserves to the lowest level since March 2011.

In an online statement, the forex regulator said the decline in November was partly because the central bank has used the reserves to maintain a balance between the supply and demand of foreign currencies in the past month.

A firmer U.S. dollar against other currencies after the U.S. presidential election has also dragged down China's foreign exchange reserves, the statement said.

Since the reserves are calculated in U.S. dollars, the weakening of other currencies held by China against the dollar would result in a decline in China's reserves.

Meanwhile, a retreat in bond prices has contributed to the shrinking of reserves, it added.

Accelerated economic growth in the United States, a potentially imminent interest rate hike and expectations of Donald Trump's expansionary fiscal policies have already caused the Dollar Index to advance 6 percent in the last two months.

The Chinese yuan has weakened around 3 percent against the dollar during the period.

China kept its gold reserves unchanged from October levels at 59.24 million ounces in November, equivalent to 69.79 billion dollars, according to central bank data.

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Consider some key printed marketing materials which usually a market-savvy salon operator might want to consider.

Just about any nail salon owner must have a remain exactly where a range of brochures are arranged. After all, if you'd like folks to mention your own business, you then need to make sure their information is right so you need to make certain that they have materials to pass to close friends. The make use of of catalogues in using this method is network building Cheap Cameron Payne Jersey , pure and. Education and connection are usually key components of any kind of kind of service business, along with your suite of pamphlets is your fundamental marketing tool.

What to do now ought to be the subject areas of those catalogues?

Beauty. Pamphlets that contain beauty suggestions are always heading to end up being well-liked by consumers to nail salons. No matter whether you write these types of pamphlets oneself or you employ another person's thought, you want to make certain your business, logo along with key business information are usually printed on them.

Weight loss. Always an important subject matter Cheap Justin Holiday Jersey , you want to make sure that your own catalogues echo information that is up to date and technically seem.

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Social concerns. Ladies sometimes find it hard to talk about this kind of subjects since spousal misuse, yet honestly showing information about it topic may make it easier for several of your clients to address these issues in their unique lives.

MANILA - Some Philippine mines need to be shut given the environmental harm they have caused, the minister in charge of sector said on Wednesday, a day before the government announces the results of a months-long review of the country's mineral producers.

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"That's what I see Cheap Jerian Grant Jersey , because it's too much, it's extreme" Lopez said on the destruction some mines have caused.

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