pro forma profit After August 1987, for example, as the dollar fell, people rushed to buy sterling, the high-yielding currency, which rose from $1.65 to $1.90 in a very short time, up almost 20%. In order to limit the rise in the pound, the UK cut interest rates for several consecutive times between may and June 1988, falling from 10% to 7.5%, with the pound falling every time it cut interest rates. But the pound began to pick up again after the bank of England was forced to raise interest rates several times as the pound weakened too quickly and inflationary pressures increased. Ms lagarde said she recently to Britain and the European Union in the civil rights, Northern Ireland and financial settlement negotiations welcome breakthrough, but said, the final agreement was established to minimize the trade barriers, and to provide enough time to implement change. Flash memory and DRAM demand growth over the long term George Goncalves, head of us interest rate strategy at nomura, argues that this could be the start of a bigger sell-off, largely depending on whether the us tax reform will eventually be approved. The bond market has been sceptical about the prospect of approval. It is true that, for the Chinese market, they have done a lot of work. Miolo, which has opened several stores in China, has also launched an online store in China "with local conditions". And tiloni also said that online sales platforms will be a focus of their future development. , "he said," we in the online sales performance is very good, in addition to our distributors have their own web site allows consumers to buy m oro products, we are in a well-known Chinese imported wine direct purchase platforms m oro product was put on. We know that online sales are very important in China. Chinese people love online shopping, so we have done a lot of work on this." Interest rates in different countries have different connotations. In China, interest rates typically refer to bank interest rates, further pointing to the pboc's benchmark deposit and lending rates. In the United States, mainly refers to the bond market interest rates, the fed adjustment of benchmark interest rate, also not have mandatory administrative benchmark interest rates, but through open market operations after determine its rate for overnight loans between Banks.