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

US EUROPE AFRICA ASIA 中文
Business / Markets

PBOC boss sheds light on yuan exchange rate

By Wu Yiyao in Shanghai (China Daily) Updated: 2014-04-12 07:20

PBOC boss sheds light on yuan exchange rate

A currency exchange counter at Guangzhou Baiyun International Airport. Provided to China Daily

Zhou says central bank policies will gradually make way for market forces

Zhou Xiaochuan, head of the People's Bank of China, shed new light on the central bank's policies on interest rate liberalization and the yuan's exchange rate in the latest Bo'ao Forum for Asia.

On Friday, Zhou pledged the PBOC will gradually exit from its present regular interference with the exchange rates to make way for market forces to determine the yuan's price.

The change is another reform that will see two-way fluctuations in the currency's exchange rate, although they will not necessarily reflect the central bank's monetary policy.

PBOC boss sheds light on yuan exchange rate
Cross-border use of the yuan has moved forward rapidly since the financial crisis of 2008, when preparations for the development were minimal, the senior central bank official said.

Zhou promised that further steps will be taken toward the marketization of the yuan exchange rate after the PBOC widened in March its daily fluctuation against the US dollar from 1 to 2 percent.

The pledge was made shortly after a recent depreciation of the yuan against the US dollar was seen as a threat. The United States warned Beijing on Monday that the depreciation would cause "serious concerns" if it signaled a policy shift away from having a market-determined exchange rate, Reuters reported on April 7.

The yuan's exchange mechanism has evolved consistently with China's reform and will allow the market to play an even bigger role in the future, Zhou said.

On Thursday, the central bank governor said China will quicken the process of yuan interest rate liberalization and expand the band of fluctuation for the interest rate on renminbi deposits, giving greater power for financial service institutions to set their own prices for holding the currency.

Zhou said China will also quicken the yuan's convertibility on the capital account to facilitate the business of private investors and capital market transactions. The statement was made after the announcement that, after six months of preparation, investors in the Shanghai and Hong Kong stock exchanges will enjoy access to each others' markets.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 在线看免费av | 一级片高清 | 久久精品视频在线播放 | 天堂网视频在线观看 | 国产自在线拍 | 欧美一区二区视频在线观看 | 麻豆精品免费视频 | 麻豆成人精品 | 欧美极品在线观看 | 青娱乐成人 | 激情小说dvd| 欧美日韩久久久久久 | 免费一级淫片 | 福利片在线观看 | 久久婷综合| 国产午夜精品福利 | 99热只有这里有精品 | 人人人人干 | 超碰在线99 | 九九热精品免费视频 | 亚洲精品资源 | 黄色大片黄色大片 | 日本欧美在线观看视频 | 国产美女激情视频 | 狠狠操狠狠操 | 丝袜美腿在线 | 日日射天天射 | 久久国产精品-国产精品 | 国产羞羞网站 | 国产精品一区二区视频 | 亚洲小视频在线播放 | 久久久久久久久久久国产精品 | 超碰超碰 | 伊人88 | 久久伊人网站 | 国产免费美女视频 | 国产精品高清在线观看 | 四虎影院永久免费 | 特片网我不卡 | 亚洲网友自拍 | 777久久久 |