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

  Home>News Center>China
       
 

Banks urged to improve forex risk controls
(AP)
Updated: 2006-03-06 16:34

China's banks must improve their management of currency risks to take account of new challenges created by a more flexible yuan and the development of the interbank foreign exchange market, the banking regulator said on Monday.

Banks would have to better calculate their open positions and improve their evaluation of counterparty credit risk, the China Banking Regulatory Commission said on its Web site (www.cbrc.gov.cn).

In a recent circular, the agency also demanded that banks improve internal audits of foreign exchange risks and do a better job at managing risks arising from derivative products.

They should also hire more and better-trained traders and risk managers, the commission said.

"Effective management of foreign exchange risks by banks is necessary not only for the banks' own safety and stable operations, but also for for the smooth implementation of the yuan exchange rate mechanism and the healthy development of the interbank foreign exchange market," said Huang Yi, director of the regulator's policy and regulation department.

The notice underlines China's concern that a more flexible yuan could create new challenges for its shaky banking system.

Beijing has consistently argued that it needs to proceed carefully in freeing up the the yuan because the country's fragile banks, which are relatively inexperienced at pricing risk, could not withstand the shock of rapid movements.

China last July revalued the yuan by 2.1 percent against the dollar and shifted to a managed float. The yuan has risen another 0.9 percent versus the dollar since then.



Top leaders join lawmakers in discussions
Job fair held for agricultural and forestry graduates
Government to boost rural sector
  Today's Top News     Top China News
 

NPC session: China's PM pledges prosperity for all

 

   
 

Taiwan opposition leader to visit US

 

   
 

Nation's 11th Five-Year plan group chewed

 

   
 

Astronauts set for first space walk in 2008

 

   
 

China confirms another human bird flu death

 

   
 

China's military spending is 'low': general

 

   
  Taiwan opposition leader to visit US
   
  Banks urged to improve forex risk controls
   
  China's military spending is 'low': general
   
  Nation's 11th Five-Year plan group chewed
   
  Farmers will benefit from higher spending
   
  Deputies developing understanding of role
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 久久亚洲精品中文字幕二区 | 国产亚洲精品久久久久久老妇 | 青青青国产观看免费视频 | 黄色视屏免费观看 | 久久午夜电影网 | 国产日韩欧美自拍 | 12345国产精品高清在线 | 一区二区三区四区不卡视频 | 久草97| 亚洲成a人片在线网站 | 不卡视频在线 | 日韩精品成人 | 亚洲精品一区二区三区不 | 久草中文在线 | 一区二区三区欧美 | 日韩一区二区不卡 | 一区二区三区四区国产精品视频 | 波多久久亚洲精品AV无码 | 欧美aaaaaaaaa | 91在线入口 | 免费午夜视频 | 五月婷婷六月丁香 | 欧美一区二 | 亚洲涩综合 | 夜夜艹 | 三级在线观看视频 | 国产探花在线精品一区二区 | 久久综合九色综合欧美狠狠 | 亚洲精品在线免费观看视频 | 久久草资源费视频在线观看 | 久久只有这才是精品99 | 午夜精品久久久久久久99蜜桃i | 久久香蕉国产线熟妇人妻 | 久久精品国产一区二区三区不卡 | 久久99精品久久久久久综合 | 日本大黄视频 | 久久精品国产一区 | 欧美久久网 | 老子午夜影院 | 亚洲亚洲人成综合网络 | 91精品最新国内在线播放 |