日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Yuan's exchange rate to remain basically stable: PBOC chief

Xinhua | Updated: 2018-07-03 17:22
Share
Share - WeChat
China will continue to adopt a prudent and neutral monetary policy and deepen the market-oriented reform of the yuan's exchange rate mechanism. [Photo/IC]

BEIJING - The exchange rate of Chinese currency renminbi, or yuan, will remain basically stable at a reasonable and balanced level, China's central bank governor Yi Gang said Tuesday.

The People's Bank of China (PBOC) is closely watching the recent fluctuations in the foreign exchange market, Yi told Xinhua-run China Securities Journal.

The central parity rate of the renminbi weakened 340 basis points to 6.6497 against the US dollar Tuesday, hitting a new low since Aug 25, 2017.

Yi said a strengthening US dollar and external uncertainties have given rise to procyclical behavior, which refers to economic change that is positively correlated with the overall state of the economy.

China's economic fundamentals, he said, are sound and its financial risks are generally controllable. "The Chinese economy has entered a phase of high-quality development, with a stable international balance of payment and generally balanced cross-border capital flow."

China will use its experience and ample policy tools to maintain the yuan's exchange rate basically stable at a reasonable and balanced level, Yi said.

The PBOC chief said China will adhere to a managed floating exchange rate system, which is market-oriented and formulated in reference to a basket of currencies.

"The effectiveness of the system has been proved by years of practice, and we will continue to abide by it," he said.

Yi said China will continue to adopt a prudent and neutral monetary policy and deepen the market-oriented reform of the yuan's exchange rate mechanism.

Yi's view was echoed by PBOC's deputy head Pan Gongsheng, who said at a forum in Hong Kong Tuesday that the yuan has strengthened its flexibility since the beginning of this year.

"We have the fundamentals, capabilities and confidence in keeping the yuan's exchange rate basically stable at a reasonable and balanced level," Pan said, pointing to a more resilient Chinese economy and the country's ample foreign exchange reserves.

Top
BACK TO THE TOP
English
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
CLOSE
 
主站蜘蛛池模板: 久久精品呦女 | 国产伦精品一区二区 | 91视频h | 男女污污无遮挡免费观看 | 黄网站视频在线观看 | 天天爽夜夜爽人人爽 | 日本一区二区三区中文字幕 | 91久久99热青草国产 | 精品一区二区免费视频视频 | 欧美午夜视频一区二区三区 | 日本不卡一区二区三区在线观看 | 一级毛片视频在线 | 国产AV一区二区三区传媒 | 超碰伊人网 | 久久久久国产一区二区三区四区 | 毛片在线免费 | 婷婷六月在线 | 免费看那种视频 | 亚洲成人精品 | 国产一精品一av一免费爽爽 | 九一精品| 日本中文在线 | 97国产精品人妻无码久久久 | 国产chinese中国hdxxxx | 中文字幕日韩理论在线 | 免费黄网站在线看 | 日韩app | 天堂va在线高清一区 | 美女羞羞网站妖精视频 | 亚洲欧美在线视频 | 亚洲av毛片久久久久 | 国产高清永久免费 | 国产做a | av中文字幕在线 | 6080yy免费毛片一级新视觉 | 挑战者联盟第一季免费观看完整版 | 欧美日韩一区二区高清视 | 日本三级韩国三级香港三级 | 久久综合图区亚洲综合图区 | 欧美性生活视频 | 99热久久国产精品免费看 |