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

  Home>News Center>China
       
 

China widens yuan trading band
(AFP)
Updated: 2005-09-24 08:51

"The US will welcome China's move but then say let's hope you can do more in the future," said Qu Hongbin, a China economist at HSBC in Hong Kong.

"There is a need to make this move so that it would prepare the system to cope with major US dollar fluctuations in the market," said Qu.

"It could lead people to think that it's a gesture and the trouble with doing that is that you'll build up expectations."

Beijing staged a 2.1 percent revaluation on July 21, when it delinked the currency from a peg of 8.28 yuan to the dollar and placed it a basket to several major currencies.

It came after more than two years of accusations from Brussels, Tokyo and particularly Washington that the undervalued currency was upsetting the balance of trade.

Although the US and trading partners have since toned down their rhetoric, they have made it clear that they expect Beijing to move apace with further currency reforms.

European Central Bank President Jean-Claude Trichet said last week the G7 meeting will discuss exchange rates and that the G7 nations -- Britain, Canada, France, Germany, Italy, Japan and the United States -- want further orderly appreciation of some Asian currencies.

"Our main message collectively is certainly to call for a certain and smooth and orderly appreciation of the exchange rates of a number of Asian emerging currencies," Trichet said.

Standard Chartered economist Tan Hui said that while the change would help China to better manage its currency regime it is unlikely to have any real impact.

"Frankly it's a bit of a non-event -- it's not against the dollar, it's against the other currencies," Tan said.

In the statement, the central bank also said the yuan-dollar trading band for retail transactions had been widened to one percent from 0.2 percent with immediate effect.

The yuan-dollar trading band on the interbank market remains unchanged at 0.3 percent while the retail yuan-dollar trading band for cash transactions had been widened to four percent, up from one percent.


Page: 12



Names solicited for baby mandrill
British Princess Anne visits children in Hefei
Police parade to show skills in Changchun
  Today's Top News     Top China News
 

Low-altitude airspace 'open in 2010' for private flyers

 

   
 

China widens yuan trading band

 

   
 

China not to use forex on oil stockpile

 

   
 

Indonesia urged to probe fishing incident

 

   
 

Old man who touched China's heart dies at 93

 

   
 

Approaching Rita already causing havoc

 

   
  China bank gets IPO OK from HK bourse
   
  Central bank to gradually lessen forex role
   
  Indonesia urged to discipline its navy
   
  Officials found reluctant to retract stakes in coal mines
   
  Insurance agents are capital's best paid
   
  Beijing's car-free day gets mixed reception
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 免费一区二区三区在线视频 | 俄罗斯极品美女毛片免费播放 | 九九视频在线观看视频6偷拍 | 窝窝午夜精品一区二区 | 就草草在线观看视频 | 亚洲精品午夜一区二区在线观看 | 久草视频在线观 | 91国语精品自产拍在线观看一 | 久久综合久久久久 | 欧美国产综合在线 | www.日本高清.com | 一级黄片一级毛片 | 国产在线激情视频 | 亚洲男人天堂视频 | 亚洲男人天堂网站 | 18免费网站 | 成人99国产精品一级毛片 | 一区二区3区免费视频 | 日韩a级一片| 美女视频大全视频a免费九 美女视频大全网站免费 | 亚洲rct中文字幕在线 | 亚洲精品日韩专区在线观看 | 亚洲综合第一区 | 亚洲人成综合网站在线 | 日本69色视频在线观看 | 久cao在线观看视频 久爱免费观看在线网站 | 国产亚洲精品九九久在线观看 | 日本www视频在线观看 | 久久久久久一品道精品免费看 | 日韩精品一区二区三区免费视频 | 国产欧美在线观看 | 亚洲加勒比 | 男人的天堂官网 | 特级深夜a级毛片免费观看 特级生活片 | 亚洲国产99在线精品一区二区 | 在线免费观看精品 | 不卡午夜视频 | 久久精品欧美日韩精品 | 91精品一区二区三区在线观看 | 特级毛片www欧美 | 男女午夜性爽快免费视频不卡 |