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Through June 2016, the RMB has depreciated by 6 percent from its 2015
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by about 10 percent against the 2014 average.
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Due to weak real import growth, China's current account surplus to gross
domestic product ratio in 2015 was higher than 2014.
"China's current account position is stronger than warranted," said Luis
Cubeddu, deputy division chief of the Regional Studies Division of the IMF's
Western Hemisphere Department, at a teleconference.
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and structural reforms playing a role.
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opening of the capital account.
According to the report, the global external imbalances have widened again in
2015 after narrowing in the aftermath of the global financial crisis.
Three main factors contributed to the widening, including the diverging
monetary policies adopted by advanced economies, the sharp decline in
commodities
prices
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"Uneven recoveries and expectations about monetary policies led to marked
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their external imbalances," the IMF said.
But the marked exchange rate movements won't necessarily call for coordinated
currency policies among major economies, said Cubeddu.
The IMF called on countries to reduce reliance on monetary policy and focus
on fiscal and structural policies to address the excess imbalances. Enditem
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Games > Video GameHow to Surprise Your Husband on His Birthday
Posted by sophia in Games on December 30th, 2016
Your husband’s birthday is one of the most important days in your calendar.
As a spouse, you need to make this day an extremely special one for your hubby.
It is your responsibility to keep him happy throughout this entire day. You
cannot simply please a man with a bunch of flowers or chocolates. You need to
think hard and long to come up with the perfect surprise plan. The following are
some ways in which you can surprise your husband on this birthday.]
Image Source: pixabay
Get Everything Organised
As you may already know, it is the small things that matter. When your
husband wakes up on this
birthday
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to make sure that his breakfast is ready, his clothes are pressed and his
briefcase is arranged. These are things that your husband has to do every
morning before he goes to work. For a change, do them for him. This will
definitely enable him to go to work with a fresh mind and happy heart.
Buy a Gift
This is the most important thing that you need to figure out. Finding the
perfect gift for your husband is a toughie. In order to do this, you need to
what your husband likes and dislikes. For instance, if he likes playing video
game.
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