日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Money

Yuan begins trading against the rouble

By Judy Chen (China Daily)
Updated: 2010-11-23 09:50
Large Medium Small

SHANGHAI - China started allowing the yuan to trade against the Russian rouble in the interbank market from Monday as policymakers promote the currency's use in global trade and finance.

The move will help "facilitate bilateral trade between China and Russia and help develop yuan trade settlements," according to a statement published on the website of the China Foreign Exchange Trade System (CFETS), a subsidiary of the People's Bank of China.

The central bank calculates the daily reference rate by taking an average of quotes from commercial banks designated to act as market makers, the statement said.

"The pace of internationalizing the yuan is accelerating," said Zhao Qingming, a senior analyst in Beijing at China Construction Bank Corp, the country's second-largest lender.

"The direct trading between the yuan and the rouble will help expand trade settlements in the two currencies."

Yuan begins trading against the roubleTheme park numbers rising
Related readings:
Yuan begins trading against the rouble Yuan advances to 6.6389 per US dollar on Monday
Yuan begins trading against the roubleChina may lower 2011 loan target to 6-7t yuan-Report
China is allowing greater use of its currency for cross-border transactions to reduce reliance on the US dollar, after Premier Wen Jiabao said in March he was "worried" about holdings of assets denominated in the greenback. Purchases of US currency to contain yuan gains contributed to a $194 billion increase in the nation's foreign-exchange reserves in the third quarter, boosting the total to a record $2.65 trillion.

The rouble traded at 4.6711 per yuan as of 9:59 am in Shanghai, according to CFETS data. The reference rate, which is published at around 9:15 am every day, was set at 4.6711 per yuan. The yuan is allowed to trade 5 percent on either side from the fixing, according to the CFETS statement.

China started allowing the Malaysian ringgit to trade against the yuan on Aug 19. Traders can also buy and sell the yuan against the dollar, the euro, the yen, the Hong Kong dollar and the British pound.

The yuan was little changed at 6.6375 per dollar, from 6.6395 on Nov 19. The rouble was stable at 30.9912. The value of international trade transactions settled in the Chinese currency totaled 126.5 billion yuan ($19 billion) in the third quarter, 160 percent more than in the three months through June, the People's Bank of China reported on Nov 2.

China first approved yuan use for trade settlement in July 2009 and Zheng Yang, an official at the People's Bank of China's Shanghai branch, on Sept 27 said the value of such transactions may reach 200 billion yuan by the end of this year. The total for the first nine months was 197.1 billion yuan.

CFETS also said it will consider allowing trading in forwards and swaps between the yuan and the rouble, adding that any decision will be based on market demand.

Bloomberg News

主站蜘蛛池模板: 日本欧美色| 综合激情五月婷婷 | 91精品国产一区二区三区蜜臀 | 亚洲视频第一页 | 国产精品久久毛片 | 伊人久久伊人 | 超碰综合 | 欧美在线播放 | 男女无遮挡xx00动态图120秒 | 超碰综合 | 激情国产一区 | 97香蕉久久夜色精品国产 | 日本激情网 | 国产91一区 | 午夜精品久久久 | 亚洲一区二区视频 | 久久久久久久久国产 | 台湾久久| www色婷婷 | 看片在线 | 欧美激情成人 | 亚洲综合国产 | 国产精品一区二区三区在线 | 欧美一级片在线看 | 免费在线观看黄色片 | 天天爽夜夜爽 | 中日韩中文字幕 | 亚洲精品123区 | 黄色小说污 | 国产亚洲精品久久久 | 精品一区二区三区免费毛片 | 成人国产精品免费观看 | av网站大全在线 | 91国产丝袜在线播放 | 亚洲一区二区三区在线看 | 精品国产区 | 欧美一级淫片免费视频黄 | a√在线视频 | 国产一区在线视频观看 | 黄色在线免费视频 | 国产无遮挡又黄又爽又色视频 |