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

chinadaily.com.cn
left corner left corner
China Daily Website

London and Beijing agree currency swap

Updated: 2013-06-24 07:40
By Bloomberg News in London ( China Daily)

Bank of England Governor Mervyn King and his Chinese counterpart Zhou Xiaochuan agreed to a three-year currency swap line to promote financial stability and aid trade between China and Britain.

The maximum value of the arrangement is 200 billion yuan ($33 billion), according to a statement published by the UK central bank on its website in London. The People's Bank of China put the sterling value at 20 billion pounds ($31 billion) in a statement on its website.

"The establishment of a sterling/renminbi swap line will support UK domestic financial stability," King said in the news release. "In the unlikely event that a generalized shortage of offshore renminbi liquidity emerges, the bank will have the capability to facilitate renminbi liquidity to eligible institutions in the UK."

The agreement puts the Bank of England first in a race among European central banks to establish swap facilities with China, allowing London to expand its ties with the world's second-biggest economy. The UK capital is the center of the world's $4 trillion-a-day market for foreign-exchange trading.

China has allowed businesses to settle foreign trade in yuan and signed swap agreements to promote the use of the currency in international trade and investment. It has also eased rules for foreign companies to invest in the country using yuan raised offshore and started direct trading with currencies including the yen as part of efforts to make the yuan a global currency.

Since cross-border trading of the yuan started in 2010, the proportion of China's trade settled in the currency has surged sixfold to 12 percent, according to DBS Group Holdings Ltd. The yuan's share of international payments rose to 0.74 percent in March from 0.25 percent in January 2011, Nathan Chow, a DBS economist in Hong Kong, wrote in an opinion article in Singapore's Sunday Times newspaper on Sunday.

"As the offshore market broadens and deepens simultaneously, the yuan will move up the ranks rapidly as a global payments currency," Chow wrote. "Ongoing interest-rate liberalization and other financial reforms will help Beijing realize its ultimate goal of making the yuan a reserve currency."

China already has currency-swap agreements with countries including Australia, South Korea and Malaysia. It has accords totaling about 1.8 trillion yuan, the Taipei-based Chung-Hua Institution for Economic Research said in a report in November. The Bank of England's chief cashier, Chris Salmon, said in January that the idea of London as a major yuan center "carries much force".

 
 
...
主站蜘蛛池模板: 国产精品mv | 国产性av| 欧美天堂一区 | 日韩成人动漫 | 亚洲一区在线视频观看 | 超碰人人搞 | 一级特黄特色的免费大片视频 | 天天操免费视频 | 天天看av | 欧美bbxxx | 肉肉av福利一精品导航 | 毛片视频在线免费观看 | 深爱五月激情网 | 久久精品福利 | 欧美肥老妇 | 国产最新精品视频 | 中文字幕在线免费 | 欧洲精品视频在线观看 | 亚洲欧洲av | 国产黄色影视 | 天天色天天色天天色 | 天堂a在线 | 五月激情综合 | 日本黄色一级网站 | 狠狠操狠狠操 | 午夜视频在线观看一区 | 成人羞羞国产免费 | 成人在线观看黄色 | 成人性视频在线播放 | 黄色a大片| 日本熟妇毛茸茸茂密的森林 | 国产人成在线 | 国产免费久久久 | 2020自拍偷拍 | 日本视频久久 | 国产亚洲精品久久久久久 | 高清欧美性猛交 | 九九热视频在线播放 | 欧美大胆性生活 | 久久激情av | 久久国产小视频 |