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dj 30


Exteion information: no cash credit monetary system is since the mid - 1970 - a monetary system, its characteristic is: (1) the currency in circulation is credit currency, mainly coists of cash and bank deposits, they all reflect some sort of credit relatiohip.
The standard currency in the currency (the functional currency) and what is the difference between the COI?After the reform and opening, export-oriented, encourage foreign exchange earning, for national unification purchase of foreign exchange into RMB and foreign exchange reserves as the anchoring of the issuance of RMB, 3 trillion dolla is nearly 20 trillion yuan.
Fourth, different trading time.
Red money ten Jane contai: silver money, each 10 grams, ten silver 3, 3 g, a total of 130 g each.
Currency has five functio, value scale, circulating medium, storage method, payment method, and the world currency.
But so is the beginning of the world economic crisis, it is still too early.
So, the value scale and the circulating medium is the primary function of money, other mea of payment, storage, world currency is derived on the basic functio.
Usually the financing in the following year.
Speculative demand about money?Fourth, to promote the internationalisation of the renminbi.
When you undetand the yuan rise after the devaluation would know when to hold our local currency, when it is time to change some us dolla.
Certain economic problems in simple terms, the general state, under the premise of export deficit, he can go to a currency devaluation to boost exports, but if the power is not his own hands, that is a problem, that is true of Greece today.
When foreign settlement, in addition to a few and rare cases can be used in a cash settlement, the rest should be through the bank for trafer settlement.
The United States that a behavior of thetime, in order to hedge the future uncertainty, when necessary, for the RMB international settlement.
2, return the payment form directly.
Which very useful road to exile COI?