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

China's central bank has widened the yuan's trading band in its new currency basket on the eve of the G7 meeting in a move seen as deflecting US criticism that it is footdragging on currency reform.

China widens yuan trading band"Non-dollar denominated currencies will be allowed to fluctuate within a 3.0 percent range either side, compared with the original 1.5 percent," the People's Bank of China said in a statement on Friday.

The adjustment allows for the yuan to fluctuate against non-dollar currencies such as the euro and the yen by three percent either side of the midpoint but maintains the yuan-dollar band unchanged at 0.3 percent.

The United States described China's move to widen its currency band for non-dollar currencies as a "technical step" that needed to be monitored.

"Our view is that the Chinese have said they will continue to take steps to create greater (currency) flexibility," US Treasury spokesman Tony Fratto said.

"This is a technical step in that process. We'll continue to monitor the implementation."

The tweaking comes as the Group of Seven meets Friday in Washington, where US Treasury Secretary John Snow is scheduled to hold bilateral talks with Chinese Finance Minister Jin Renqing and central bank governor Zhou Xiaochuan.

Snow is widely expected to press China for further currency reforms.

China has suggested, but not confirmed, that the euro, yen and won are among the currencies in its basket, but the dollar is understood to be its mainstay.

The central bank said the move was aimed at heading off speculators, with a widening of the band likely to increase transaction costs for them, and to help maintain a more stable yuan exchange rate.

It also reiterated its commitment to maintaining a stable yuan at a reasonable and balanced level but pledged to move towards a more flexible exchange rate.

While the move is seen as a necessary one, giving China's new currency basket system greater flexibility, the action was unlikely to appease US concerns that the currency needs to strengthen further.

   上一頁 1 2 下一頁  



Fire kills 5 in Northeast China
Aerobatics show in Hunan
Final rehearsal
  Today's Top News     Top China News
 

Australia, US, Japan praise China for Asia engagement

 

   
 

Banker: China doing its best on flexible yuan

 

   
 

Hopes high for oil pipeline deal

 

   
 

Possibilities of bird flu outbreaks reduced

 

   
 

Milosevic buried after emotional farewell

 

   
 

China considers trade contracts in India

 

   
  EU likely to impose tax on imports of Chinese shoes
   
  Bankers confident about future growth
   
  Curtain to be raised on Year of Russia
   
  Coal output set to reach record high of 2.5b tons
   
  WTO: China should reconsider currency plan
   
  China: Military buildup 'transparent'
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 性做久久久久久久免费观看 | 91精品国产一区二区三区左线 | 美国毛片免费观看 | 亚洲在线观看免费视频 | 精品一区二区三区免费视频 | 欧美.亚洲.日本一区二区三区 | 亚洲男同可播放videos | 1024香蕉国产在线视频 | 99re热精品这里精品 | 国产一区二 | 国产精品久久久久久久久久久久 | 精品国产96亚洲一区二区三区 | 在线精品国产三级 | 亚洲综合色就色手机在线观看 | 九九精品成人免费国产片 | 久久久久国产一级毛片高清板 | 日韩美女大全视频在线 | 91伊人影院| 美国一级毛片a | 91情国产l精品国产亚洲区 | 欧美激情毛片裸推荐 | 亚洲精品久久精品h成人 | 频黄 | 99视频精品免视3 | 毛片在线免费播放 | 亚洲网站www | 日本欧美在线视频 | 久久男人的天堂色偷偷 | 手机毛片在线观看 | 久久免费在线视频 | 免费成年网 | 国产精品国产高清国产专区 | 伊人色综合久久天天网蜜月 | 久久久高清免费视频 | 韩国精品一区二区三区在线观看 | 男人操美女逼视频 | 欧美一级专区免费大片野外交 | 国产精品免费视频一区一 | 国产精品一区二区国产 | 国产亚洲精品影达达兔 | 欧美aaa毛片免费看 欧美aaa视频 |