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- W2386393395 abstract "As foreign exchange reserve increases in recent years, exchange rate of dollars has become lowerthan before, which makes our country undertake very great foreign exchange risk. To avoid it and adjust foreign ex-change structure, leaders in People's Bank of China has put forward idea permitting individual to owngold. Undoubtedly, this policy is an ideal countermeasure which will relieve pressure of Renminbi revalue, re-duce much more currency amount caused by foreign exchange and settle pressure of inflation. The newmeaning of expression of this is whether the individual owning goldcan also help the individual entering theforeign exchange marketto be implemented well. By using functions of money, internal requirements, to somedegree, can be enlarged and original value of inhabitants'estate can also be maintained; part of capital of moneycan be absorbed and pressure of Renminbi revalue can be relieved more or less; resistance of domestic econ-omic increase can be reduced in present condition and also deep-going problems of economic structure inour country can be solved positively." @default.
- W2386393395 created "2016-06-24" @default.
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- W2386393395 date "2006-01-01" @default.
- W2386393395 modified "2023-09-23" @default.
- W2386393395 title "The Right Time for “Individuals Owning Gold”" @default.
- W2386393395 hasPublicationYear "2006" @default.
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