久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  Home>News Center>China
       
 

Banker: Further RMB revaluation unnecessary
By Xu Binglan (China Daily)
Updated: 2005-09-10 07:33

The new foreign exchange rate system has made it unnecessary for China to revalue the renminbi again, a senior central banker said yesterday in Beijing.

The currency's exchange rate is now decided with reference to a basket of currencies instead of being pegged to the US dollar.

"So there is no need to rely on administrative adjustment any more," said Ma Delun, assistant governor of the People's Bank of China, at the World Economic Forum's China Business Summit.

To help cushion the reform's impact on Chinese companies, the central bank has been using market-based operations to limit the rate's fluctuations in a thin band, said Ma, who served as a deputy director of the State Administration of Foreign Exchange until March.

By doing this, the central bank intends to allow a transitional period during which the firms learn to adapt to the new system.

But because the market is meant to play a major role in deciding the yuan's exchange rate after the reform, the rate should fluctuate in a wider range over time, Ma said.

He also said it is difficult to predict how long the transitional period will be.

The central bank raised the renminbi's value by 2 per cent on July 21. On the same day, the central bank also announced the severance of the yuan's link to the US dollar.

(China Daily 09/10/2005 page1)



President Hu in Canada for visit
Tree signals China-Canada friendship
Hu begins Canada visit
  Today's Top News     Top China News
 

China banks target public listings in 2006

 

   
 

President Hu praises China-Canada relations

 

   
 

Fireworks ban goes up in smoke in Beijing

 

   
 

Banker: Further RMB revaluation unnecessary

 

   
 

Katrina death toll may not hit 10,000

 

   
 

Hotshots gather for all-star China Open

 

   
  Six-Party Talks set to resume next week
   
  UN report calls for human development
   
  UFO enthusiasts in Dalian for conference
   
  China paper assails US response to Katrina
   
  China to expand relations with Canada: Hu
   
  Wu : Co-operation crucial for peace
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 国产黄a三级三级三级 | 国产精品视频九九九 | 亚欧在线观看 | 欧美日韩专区国产精品 | 国产一级片观看 | 男人天堂怡红院 | 亚洲第十色 | 亚洲精品社区 | 老司机亚洲精品影院 | 国产人成免费视频 | 中文字幕在线成人免费看 | 国产欧美日韩不卡在线播放在线 | 日本一区二区三区在线 视频观看免费 | 国产精品秒播无毒不卡 | 成人免费在线播放 | 成年人看的黄色片 | 久草 在线| 午夜宅男宅女看在线观看 | 成年人免费在线观看网站 | 美女啪啪网站又黄又免费 | 欧美另类久久久精品 | 国产深夜福利视频观看 | 日韩在线小视频 | 亚洲国产天堂久久精品网 | 99久久综合国产精品免费 | 精品自拍一区 | 日韩视频免费一区二区三区 | 精品国产一区二区三区不卡 | 在线观看中文字幕一区 | 国产精品情人露脸在线观看 | 日韩在线精品 | 亚洲精品第一区二区三区 | 日本男人天堂 | 在线成人播放毛片 | 亚洲成人精品久久 | 天天操夜夜噜 | 国产一级做a爰片久久毛片99 | www.av视频在线观看 | 久草网视频 | 国产成人精品在视频 | 免费99视频 |