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    2011 nike air max camo men/women running shoes uk voucher book Morning news (reporter Feng) exchange rate fell again, according to data from the central bank announced yesterday, following negative growth for the first time in October, November foreign exchange transactions declined again, and ultimately into 254 trillion 59.03 million to 10 million yuan, 27.9 billion yuan less than last month. Foreign exchange trading volume fell again, against many experts, contrary to expectations." Foreign exchange is likely to decline in the short term, but this term may be a few months." Foreign economic and Trade University Institute of finance, Professor Zhao Qingming said, foreign exchange continued to decline, there is likely to become the future continue to cut deposit reserve rate of one of the reasons. The central bank buys foreign currency assets and foreign currency reserves, thereby increasing the amount of money demand, and the formation of foreign exchange reserves. Zhao Qingming said that the rise in the deposit reserve ratio, in fact, in order to curb the negative impact of rising exchange rate. But now the foreign exchange began to decline, increasing the deposit interest rate has not been used. The central bank cut the deposit rate by 0.5 percentage points, in December 5th, the market release 2011 nike air max camo men/women running shoes uk voucher book of nearly 400 billion of the funds. But the current point of view, the effect of the deposit interest rate reduction is not obvious. Whether the future will continue to cut deposit rates, is still an unsolved mystery, because it depends on the size of the decline in foreign exchange rates. Zhao said, in fact, less than 30 billion yuan of floating scale of 1 trillion, more than 25 of the foreign exchange reserves is not too large. If in the next few months time, the scale of foreign exchange increased, the decline in the rate of arrival also increased.

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