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: a国产精品 | 欧美日韩高清 | 九九51精品国产免费看 | 精品午夜久久网成年网 | 午夜美女网站 | 亚洲国产精品久久久天堂 | 国产精品自在线天天看片 | 国产最猛性xxxxxx69交 | 99久久精品费精品国产一区二区 | 欧美一级毛片怡红院 | 久久久国产亚洲精品 | 男人和女人搞黄 | 国产在线黄 | 成人a毛片久久免费播放 | 久草在线视频网站 | 一区二区三区在线观看免费 | 久久久久久久免费视频 | 国内精品久久久久久久影视麻豆 | 在线观看日韩www视频免费 | 日本免费大黄在线观看 | 亚洲国产精品综合久久 | 欧美一级毛片高清视频 | 久久久久久久99视频 | 毛片精品| 干综合网| 太平公主三级dvd | 日本亲子乱子伦视频 | 亚洲精品国自产拍在线观看 | 亚洲永久中文字幕在线 | 色视频www在线播放国产人成 | 偷柏自拍亚洲欧美综合在线图 | 欧美一级淫片a免费播放口aaa | 久草视频免费在线播放 | 美女张开腿给男人捅 | 色吧久久| 久久91亚洲精品中文字幕奶水 | 一级做a爰片久久毛片潮喷 一级做a爰片久久毛片美女 | 91精品久久国产青草 | 亚洲欧美国产高清va在线播放 | 一级做a爱片特黄在线观看免费看 | 精品久久久久久中文字幕一区 |