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

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / National affairs

Yuan dips as capital controls relaxed

By CHEN JIA/XIN ZHIMING | China Daily | Updated: 2017-09-13 06:31

The renminbi weakened on Tuesday for the first time in two weeks after the central bank relaxed capital controls on Monday. Analysts said the currency will have more two-way fluctuations in coming months.

The People's Bank of China set the yuan's daily reference rate at 6.5277 per dollar on Tuesday, down by 0.43 percent from Monday. It is the first time the rate has been set lower day-on-day in 11 trading sessions and marked the sharpest downward adjustment since Jan 9.

The monetary authority allows the yuan to rise or fall by at most 2 percent on either side of the reference rate.

In offshore trading, the yuan weakened to 6.5519 per dollar from 6.5335 in intraday trading on Tuesday after falling to 6.5400 from 6.5018 on Monday. The yuan's rate against the dollar in offshore markets had been rising strongly since late last year.

The weakening of the yuan came after it was reported on Monday that the central bank has eliminated the rule requiring banks to set aside a 20 percent deposit on forward sales of foreign exchange, which was imposed in 2015 to thwart capital outflows and keep the yuan stable.

The scrapping of the rule "is a sign that the constantly strengthening yuan is now at the forefront of the regulator's attention", said Han Huishi, a senior researcher with China Construction Bank. "Too fast appreciation (of the yuan) is no longer welcomed," he said.

He said the elimination of the deposit policy for banks' offshore yuan trading may not directly curb the currency's appreciation, but it is a move to neutralize the policy of foreign exchange management.

After the policy change, the yuan may experience more two-way fluctuations, he added.

Shen Jianguang, chief economist at Mizuho Securities Co Ltd, expected the yuan to remain relatively stable despite the policy change. He expected its big gains since August will not be repeated in the coming months even if it continued to appreciate, as foreign exchange regulators are likely to further ease controls on capital outflows.

"It is possible that the yuan may fluctuate at around 6.5 per dollar by the end of this year," he said.

Analysts also said the easing yuan will help stabilize China's exports, which grew by 5.5 percent in August in dollar terms, the second consecutive month that the growth rate had fallen.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 国产精品视屏 | 欧美激情婷婷 | 欧美日韩视频免费在线观看 | 日本天堂在线 | 骚年老头囗交瘦老头激情 | 免费精品一区 | 国产区一区二 | 日韩精品一二三四 | 日本一区二区久久 | 国产中文字幕一区二区三区 | 爱爱久久 | 欧美一级做性受免费大片免费 | 国产精品久久久亚洲 | 日韩第四页 | 99久久精品国产一区二区三区 | 麻豆国产尤物av尤物在线观看 | 美女一区二区视频 | 欧美日韩在线视频观看 | 成人欧美一区 | 亚洲黄色在线 | 国产另类在线 | 亚洲国产日韩欧美 | 五月婷婷激情综合网 | 国产三级视频在线 | 国产精品自拍在线观看 | 国产精品乱码一区二区视频 | 亚洲欧美自偷自拍 | 在线成人免费视频 | 日本久久久久 | 在线视频亚洲 | 亚洲视频在线观看免费 | 三年中国中文观看免费播放 | 欧美福利一区 | 日韩精品1 | 热久久伊人 | 国产一级片免费在线观看 | 午夜羞羞影院 | 黄色av网址大全 | 自拍偷拍中文字幕 | 色综合久久天天综合网 | 天天视频黄色 |