Cempaka Asean: Over 30 central banks include RMB in forex reserves

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - Text version)

“….. Here is the prediction: China will turn North Korea loose soon. The alliance will dissolve, or become stale. There will be political upheaval in China. Not a coup and not a revolution. Within the inner circles of that which you call Chinese politics, there will be a re-evaluation of goals and monetary policy. Eventually, you will see a break with North Korea, allowing still another dictator to fall and unification to occur with the south. ….”

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Sunday, November 30, 2014

Over 30 central banks include RMB in forex reserves

Want China Times, CNA 2014-11-30

Hu Xiaolian. (File photo/Xinhua)

More than 30 central banks in the world have included the renminbi in their foreign exchange reserves, indicating that the currency is gaining importance in the global market, according to China's state-run Economic Daily.

Hu Xiaolian, deputy governor of the People's Bank of China (PBOC), was cited by the report as saying that after China's efforts to boost the global visibility of the renminbi, more than 30 central banks in the world had made the currency part of their forex portfolios as of the end of October, while a total of 28 central banks have signed bilateral currency swap agreements with the PBOC.

Due to the closer ties with other central banks in the world, the trading volume through currency swaps has topped 3 trillion yuan (US$489 billion), Hu said.

Hu added that 169 offshore institutions had participated in renminbi trading through the China banking system as of the end of October.

Sixteen Chinese financial institutions issued 105.5 billion yuan (US$17.2 billion) worth of bonds overseas, while foreign enterprises had sold 500 million yuan (US$81.4 million) in bonds in the China market, Hu said.

Amid the PBOC's renminbi globalization efforts, Hu said that the bank had signed agreements with 12 of its counterparts in the world in the renminbi clearing settlements as of the end of October.

Taiwan is one of the 12 countries or regions to sign an agreement to set up a renminbi clearing mechanism. The cross-strait agreement was signed in late August 2012 before the local central bank lifted a ban to allow banks in Taiwan to conduct renminbi-denominated transactions, including deposits, lending and remittances, in February 2013.

In October, renminbi-dominated remittances through the Taiwan banking system hit a new high of 200.4 billion yuan (US$32.6 billion), up more than 62% from a month earlier, as Taiwanese investors rushed to send their renminbi overseas in preparation for the Shanghai-Hong Kong Stock Connect trading platform, which kicked off Nov. 17.

While building closer ties with China, Taiwan is gearing up to transform itself into an offshore renminbi trading hub.

The paper cited Hu as saying that the PBOC has stopped its regular intervention in the Chinese foreign exchange market, so the renminbi has been moving in a larger range, either upward or downward, against the US dollar.

She said that the PBOC is determined to push for financial liberalization in a bid to allow the renminbi and domestic interest rates to fluctuate based on market conditions.

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Sunday, November 30, 2014

Over 30 central banks include RMB in forex reserves

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