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
       
 

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: 中文字幕有码在线视频 | 二区久久国产乱子伦免费精品 | 欧美一区二区免费 | 亚洲精品天堂在线观看 | 在线视频久久 | 国产精品国产精品 | 久久爽久久爽久久免费观看 | 国产精品亚洲专一区二区三区 | 国产亚洲欧美成人久久片 | 国产手机在线小视频免费观看 | 美国欧美一级毛片 | 在线日本看片免费人成视久网 | 久久国产亚洲欧美日韩精品 | 日本香蕉一区二区三区 | 成人亚洲网站 | 成人性色生活影片 | 日韩欧美黄色 | 九九久久精品这里久久网 | 国产成a人片在线观看视频 国产成版人视频网站免费下 | 成年18网站免费视频网站 | 久久一二| 国内久久久久影院精品 | 99久久国产综合精品五月天 | 久久99久久成人免费播放 | 欧美亚洲另类久久综合 | 一区二区三区精品国产欧美 | 久久精品国产91久久综合麻豆自制 | 国产盗摄精品一区二区三区 | 新久草视频 | 碰碰久久 | 中文国产成人精品久久久 | 在线观看人成午夜影片 | 中国性猛交xxxxx免费看 | 日韩一级片在线播放 | 欧美一级毛片免费大片 | 国产在播放一区 | 国产精品青草久久久久福利99 | 亚洲成在人线中文字幕 | 日本人成18在线播放 | 久久久国产成人精品 | 美国欧美一级毛片 |