www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

Yuan plan comes in for praise

(Agencies) Updated: 2014-10-14 10:18

Yuan plan comes in for praise

A euro logo next to the headquarters of the European Central Bank. Policymakers welcomed plans by the bank to consider adding the yuan to its foreign-currency reserves. [Photo/Agencies]

Policymakers from Beijing to Kuala Lumpur welcomed plans by the European Central Bank to consider adding the yuan to its foreign-currency reserves.

The internationalization of China's currency emerged as a subject at the annual meeting of finance ministers and central bank governors in Washington after Bloomberg News reported that the ECB will discuss whether to begin laying the groundwork to buy yuan. Such a measure would mark a major step for the importance of the currency, also known as the renminbi.

Asked about the ECB's plans, People's Bank of China Governor Zhou Xiaochuan said: "It is good that more countries are willing to adopt the yuan as a reserve currency as our economy grows. Of course it means some homework to do for us, including to reduce administrative control on our financial market and make it more market-oriented, and to gradually make the yuan a convertible currency."

While China is the world's second-largest national economy, the yuan currently is not ranked among the most-held foreign reserve assets, according to data from the International Monetary Fund.

The US dollar leads with 61 percent of holdings.

Should ECB officials eventually decide to buy the currency, initial purchases would be small and might start in a year at the earliest, said a person who asked not to be named because the discussions aren't public.

The central bank's 24-member Governing Council will consider the move when gathering in Frankfurt for their mid-month meeting on Wednesday.

Malaysian central bank governor Zeti Akhtar Aziz said on Saturday in Washington that the yuan has been part of its reserves since 2009, adding that the ECB's considerations are a "positive development".

The ECB's push comes against a backdrop of global central bank diplomacy to ease the way for China's currency, after a series of swap agreements on emergency liquidity.

Officials will review the IMF's basket of so-called Special Drawing Rights, which does not currently include the yuan, by 2015, according to the fund's website.

China hopes its currency can join, Li Bo, head of the People's Bank of China's second monetary policy department, said in Hong Kong in March. The basket currently includes the dollar, euro, pound and yen.

"It makes sense to talk about preparing for a greater international role of the renminbi given that China is our third-largest trading partner," ECB President Mario Draghi said on Saturday at a press conference.

Yuan plan comes in for praise

Yuan plan comes in for praise

 Use of the renminbi is gaining ground globally  Putin looks to RMB to replace greenback

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 婷婷在线成人免费观看搜索 | 免费日韩一级片 | 国产在线手机视频 | 久久久久久久久久毛片精品美女 | 久久精品国产亚洲网址 | 日本不卡一二三 | 欧美三级不卡视频 | 国产精品热久久毛片 | 91视频社区 | 一区二区三区免费视频 www | 大桥未久在线精品视频在线 | 国产九九免费视频网站 | 91免费看片 | 色噜噜国产精品视频一区二区 | 狼人青草久久网尹人 | 亚洲成人黄色网址 | 亚洲影院手机版777点击进入影院 | 爱啪网亚洲第一福利网站 | 日本视频播放免费线上观看 | 波多野结衣视频在线观看 | 久久tv免费国产高清 | 久久999视频 | 8000av在线| 日韩中文字幕网站 | 国产性videostv另类极品 | 亚洲日本欧美产综合在线 | 一级做a爰片久久毛片潮喷 一级做a爰片久久毛片美女 | 国产成人精品日本亚洲网站 | 欧洲一级毛片免费 | 亚洲精品国产精品一区二区 | 久草免费在线色站 | 成人在线第一页 | 台湾三级在线播放 | 欧美精品99| 黄色美女视频免费 | 草久免费视频 | 在线成人播放毛片 | 国内真实愉拍系列情侣自拍 | 日韩一级不卡 | 精品国产一区二区二三区在线观看 | 免费一级肉体全黄毛片 |