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News Alerts

RV/INTELLIGENCE ALERT - December 18, 2017


The 13 Galactic advisers are currently at Camp David meeting with Republic officials including Trump and others.


The final instructions and release time for the RV has been set.


Energy blockades are still preventing the actual release time from being leaked.


The USN is set to be announced (possibly on the 20th-23rd). According to inside sources, the USN will be announced the day after the RV -- meaning it is predicted that the RV may begin any time between the 20th and the 23rd.


Private exchanges are still occurring in Zurich. HSBC branches in other countries might also begin inviting individuals to exchange. This is a sign that the Tier 4 (internet group) exchanges is about to begin.


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FOR MORE INFORMATION ABOUT THE RV/GCR VISIT:


http://www.dinarchronicles.com/intel.html


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Featured Post

Restored Republic via a GCR as of Dec. 18, 2017

Restored Republic via a GCR Update as of Dec. 18 2017 Compiled 12:01 am EDT 18 Dec. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abus...

Friday, April 29, 2016

Highest China's Yuan Rate Increase in 11 Years

China's biggest yuan rate move in 11 years


http://www.bbc.com/news/business-36166925

1 hour ago
From the section Business

China has raised the exchange rate for its currency, the yuan by 0.56% against the US dollar, from the previous day.

The central bank - People's Bank of China (PBOC) - fixed the yuan rate at 6.4589 to the US dollar on Friday.

That is the biggest increase in nearly 11 years.

China only allows the yuan to rise or fall 2% on either side of the PBOC's daily fix, to avoid volatility and maintain control over the Chinese currency.

Analysts have pointed out the move is not a reflection of future yuan policies.

Some have argued the PBOC's move is a knee-jerk reaction to US dollar weakness overnight. The US dollar had fallen sharply against the yen after the Bank of Japan surprised markets and decided against any extra monetary easing.

"The expectation for a stronger yuan fix was laid by the gains for the yen after the Bank of Japan announcement," said Patrick Bennett, a strategist at Canadian Imperial Bank of Commerce in Hong Kong.

According to data compiled by financial news network Bloomberg, Friday's increase is the strongest daily move by the PBOC since July 2005.

China spooked global investors with a surprise devaluation in August last year, when it guided the currency down by nearly 5% in a week.Image copyrightAFP
Asian markets lower

Market reaction to the move, however, has been muted. The Shanghai Composite index closed down 7.26 points at 2,938.32, while in Hong Kong, the Hang Seng index ended the day down 320.98 points at 21,067.05.

South Korea's Kospi index closed down 0.3% at 1,994.15.

In Australia the benchmark S&P ASX 200 headed higher towards the end of the trading session and closed up 0.5% at 5,252.22.

The region's biggest market, Japan, was shut on Friday for a national holiday. The benchmark Nikkei 225 index ended the shortened trading week down 5%.

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