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

Global Biz

Add yuan to IMF currency basket - Yi

(Agencies)
Updated: 2011-04-18 15:28
Large Medium Small

Washington -?China's yuan is close to being a freely usable currency, one of two key tests for it to be included in the International Monetary Fund's currency basket, the deputy governor of China's central bank said on Sunday.

The most widely used emerging market currencies should be considered for the basket, Yi Gang, deputy governor of the People's Bank of China told reporters.

He was speaking on the sidelines of a twice-yearly meeting of the International Monetary Fund where expanding the IMF's so-called Special Drawing Rights was discussed.

"The most obvious candidates are the BRICS," Yi said, referring to Brazil, Russia, India, China and South Africa.

Add yuan to IMF currency basket - Yi
Yi Gang, deputy governor of the People's Bank of China. [Photo/Xinhua]

He added that the Chinese yuan is "very close to being freely usable."

The SDR now comprises the dollar, euro, yen and sterling and is a synthetic quasi-currency that is mainly used as an accounting tool for the IMF's internal operations.

Some experts believe the SDR could increasingly play a role akin to that of a global reserve currency.

Expanding the SDR basket would help support global growth, reduce imbalances and provide a financial safety net during times of financial troubles, Yi said, adding it would also make the international monetary system more representative.

Yi emphasized that a currency that is freely usable may not necessarily be "freely convertible," pointing to currencies that joined the SDR basket in the 1960s and 1970s.

The other criteria for a currency to be included in the SDR basket is that the country must be a major exporter and China fully satisfies this requirement, Yi said.

The IMF completed its latest SDR review in November and did not open it up to any new currencies. It said the Chinese yuan was not used widely enough to be included in the SDR basket.

China has promoted the international use of the yuan in the past two years, highlighted by the rapid development of the Hong Kong offshore yuan market. Earlier this year, the Bank of China Ltd. offered yuan trading to its US customers.

Cross-border yuan transactions are growing rapidly. The BRICS' development banks agreed in principle on Thursday to establish mutual credit lines denominated in their currencies, not dollars, to strengthen business and trade ties.

Yi said China is not in a hurry to have the yuan included in the IMF basket. Chinese officials have repeatedly said Beijing will take steps to make the yuan more flexible but reforms will be carried out in a gradual manner.

The IMF is due to conduct its next review in 2015. Some analysts, such as Jim O'Neill, chairman of Goldman Sachs Asset Management, speculated that the IMF might not wait until then to change the SDR's make-up.

分享按鈕
主站蜘蛛池模板: 亚洲在线网站 | 精品成人一区二区三区 | 国产一级色片 | 在线播放一级片 | aa级黄色片| 欧美一级特黄aaaaaa | www.99re7| 日韩av在线一区二区三区 | 人人插人人澡 | 一区二区欧美日韩 | 国产精品二 | 国产tv| 久久久免费av | 日韩欧美视频在线播放 | 免费人成年激情视频在线观看 | 91精品视频一区 | 久久在线免费 | 国产精品久久久久久久久久免费看 | 91精品久久久久久久久中文字幕 | 超碰少妇 | 日韩网站在线观看 | 亚洲欧美日韩动漫 | yellow网站在线观看 | 91成人品| 九一在线视频 | 久久精品伊人 | 精品国产1区 | 国产夫妻av | 天天天天天天干 | 精品国产成人 | 亚洲一区在线视频 | 亚洲午夜视频在线观看 | 五月婷婷中文字幕 | 国产18页| 久久人人爽人人 | 亚洲三级视频在线观看 | 亚洲国产91 | 日韩欧美中文字幕在线播放 | 人人色视频 | 亚洲第一页乱 | 精品久久久久久久久久久aⅴ |