Minsheng Securities fixed income analyst Li Qilin said directional repurchase funds face relaxed a result, rather than take the initiative to tighten the central bank, to apply for repurchase is because some institutions ChaoChu too high, insufficient effective demand in the real economy, financial institutions risk appetite By fall background, money nowhere to go. Li Qilin think, office tape, if loose funds rate reflects the lack of effective demand superimposed on the real economy of financial institutions risk appetite fall, repurchase open but may be the starting point for the start of monetary easing, such as after the 2014 Spring Festival, similar to the current macro economic background, wholesale office tape, there have been market funds face extremely accommodative Bank initiative to report the repurchase demand, the central bank opened buy-back situation, but that is the starting point for monetary easing. Richmond tape share opportunities and challenges brought about by the internationalization of RMB IMF is your authoritative assessment and monitoring of international finance institutions, office tape franchise, its position on the exchange rate of a country with the benchmark significance in the international community, often caused widespread repercussions. The IMF's position one, the United States, "Wall Street Journal" and other international financial media reports were immediately given emphasis. British "Financial Times" reports sent from Washington and Beijing striking headlines saying "China is no longer undervalued currency", that the yuan will soon be opened to IMF Special Drawing Rights (SDR) of the door. IMF assessment also represent the voice of the mainstream international community. A US economist said, IMF has identified a reasonable valuation yuan, who have accused the United States China's exchange rate policy, "which cleverly shut up." Industry experts believe that the finds that the RMB exchange rate is not undervalued, which joined SDR RMB clearing the final hurdle. Determine whether the renminbi will join the SDR, IMF has four criteria, namely turnover of RMB foreign exchange spot market, the foreign exchange derivatives market turnover, the amount the central bank and the renminbi yuan is used as a reserve currency is determined by the market. Not difficult to see, the first three standard relates yuan in the international market is widely used. There is no doubt, as the fifth largest global payment currency, printing office tape, the yuan has long been in line with the first three criteria, become hard currency international settlement and international reserves. The IMF's position, means that the yuan exchange rate has reached the fourth criterion. BIS statistics also show that last year the RMB real effective exchange rate appreciation as much as 6.24 percent, a record high. Office tape Order | Richmond tape (Online) | Office tape provided by the Texas Richmond packaging materials Limited. Texas Richmond packaging materials Limited (www.sdmdbz.com) (www.sdmdbz.com) Shandong Dezhou, packing tape leader, over the years, the company implement the scientific management, innovation and development, the principle of honesty and trustworthiness, the maximum meet customer needs. Richmond tape in leadership with the staff warmly welcome all inquiries negotiations to create a better future for Richmond tape.