BEIJING Athletics Jose Canseco Jersey , Dec. 14 (Xinhua) -- The central bank's yuan funds outstanding for foreign exchange increased for the third month in a row in November, a sign of eased capital flight pressure.
The funds grew by 2.37 billion yuan (359 million U.S. dollars) in November, compared with an increase of 2.1 billion yuan in October, according to the data from the People's Bank of China Thursday.
As the Chinese currency is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by China's trade surplus and foreign investment in the country Athletics Joe Morgan Jersey , adding funds to the money market.
Such funds are an important indicator of cross-border foreign capital flows and domestic yuan liquidity. An increase in the funds usually signals eased capital flight pressure, while a decrease often means higher capital flight pressure.
Analysts partly attributed the increase in November to a stronger yuan that discouraged capital outflow. The value of the Chinese currency rallied due to a weaker U.S. dollar and the firming-up of the Chinese economy.
Capital flight was seen as a major risk for China early this year. A faltering U.S. dollar and a stronger Chinese economy helped the yuan stage a turnaround, bolstering confidence in the economy.
Measured by the central parity rate, the yuan has appreciated more than 4 percent against the dollar this year.
The rise of the funds was in line with the upward trend of foreign exchange reserves, which rose for the 10th month in a row to over 3.1 trillion U.S. dollars at the end of November Athletics Jed Lowrie Jersey , according to the central bank.
NEW YORK, Aug. 11 (Xinhua) -- U.S. stocks opened higher on Friday after investors were digesting soft inflation data from the country.
Shortly after the opening bell, the Dow Jones Industrial Average added 37.52 points, or 0.17 percent, to 21 Athletics Jake Smolinski Jersey ,881.53. The S&P 500 rose 2.32 points, or 0.10 percent, to 2,440.53. The Nasdaq Composite Index was up 9.75 points, or 0.16 percent Athletics Glenn Hubbard Jersey , to 6,226.62.
The Consumer Price Index for All Urban Consumers rose 0.1 percent in July on a seasonally adjusted basis, the U.S. Labor Department reported Friday, lower than market consensus of a 0.2-percent gain. Over the last 12 months, the all items index rose 1.7 percent.
The soft inflation data dented market expectation for the Federal Reserve to raise interest rates by the end of this year.
Just 38 percent of investors expected the central bank to raise rates again at the end of the year Athletics Dennis Eckersley Jersey , down from about 45 percent, according to the CME Group's FedWatch tool.
In the previous session, U.S. stocks slumped as tension between the United States and the Democratic People' s Republic of Korea persisted.
Central delegation travels around Inner Mongolia for 70th anniversary
Quake-affected people start lives in tents in China's Sichuan
New businesses boost economic growth in China's Tibet
6 ancient cities found deep underground in C China
Highlights of multinational drill in Georgia
People mark national Fitness Day around China
Aerial view of Gula Town in S China
Qiandao Lake: Home to 114 known fish species
Arsenal’s Hector Bellerin scores a goal during the English Premier League match against Bournemouth yesterday. Arsenal squandered the lead by conceding two goals in five minutes to lose 1-2.
With star forward Alexis Sanchez left at home, Arsenal squandered a lead by conceding two goals in five minutes to lose 1-2 at Bournemouth in the Premier League on Sunday.
Callum Wilson equalized in the 70th minute for Bournemouth before setting up Jordon Ibe for the winner in the 74th minute, intensifying Arsenal’s problems in what could be developing into another crisis under Arsene Wenger.
Hector Bellerin opened the scoring in the 52nd for Arsenal Athletics Dave Henderson Jersey , which is in sixth place and has dropped five points off the Champions League qualification positions.
Wenger said Sanchez was omitted because the Chile international was “being vague” while Manchester City and Manchester United fight for his services. “We have left him at home because of the situation,” Wenger said. “I still don’t know what is going to happen.”
It seems inevitable that Sanchez will depart this month, leaving the team without its game-changer and top scorer from last season. Mesut Ozil was also missing because of injury and Arsenal’s lineup looked a shadow of the past teams under Wenger.
Arsenal with 39 points — five behind rivals Tottenham Hotspur in fifth. Bournemouth, meanwhile, climbs to 13th but remain just four points above the bottom three.
Meanwhile Athletics Chris Hatcher Jersey , Antonio Conte believes Chelsea’s gruelling schedule and a lack of squad depth are to blame for the champion’s recent struggles. Conte’s side lacked energy and drive as it was forced to settle for a dour 0-0 draw against 10-man Leicester at Stamford Bridge on Saturday.
For the first time in the club’s history, Chelsea has endured three successive goalless draws after an FA Cup stalemate at Norwich and a League Cup blank against Arsenal.
Even the 68th minute dismissal of Leicester defender Ben Chilwell for two bookings in quick succession couldn’t lift lethargic Chelsea, which was outplayed in the first half and couldn’t make its numerical advantage count at the end of the second period.
“We played with tiredness. We suffered a lot in the first half and at the start of the second half,” Conte said. “We played a lot of effort against Arsenal on Wednesday, then to play a really good team in good physical form like Leicester was difficult. We played with almost the same players as against Arsenal. I saw a lot of players very tired. I saw Eden (Hazard) was very tired so he came off. When I decided to put fresh energy on with Willian and Pedro Athletics Chad Pinder Jersey , the game changed. We created chances to score but at the en. Cheap Jerseys Wholesale Jerseys Wholesale NHL Jerseys Wholesale T-Shirts Wholesale NBA T-Shirts Wholesale Hoodie Wholesale Adidas NHL Jerseys Wholesale Football Jerseys Wholesale MLB Hoodie Cheap Nike NBA Hoodie