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

News >China

China sees sharp rise in foreign exchange purchase

2011-03-03 08:32

BEIJING - China's funds outstanding for foreign exchange (FOFE) rose to 23.08 trillion yuan ($3.51 trillion) at the end of January, up 24.39 percent or 501.65 billion yuan from December, according to the People's Bank of China, or the central bank, on Wednesday.

This meant that the central bank bought 501.65 billion yuan worth of foreign exchange from commercial banks in January. The move follows the introduction of a mechanism to keep the exchange rate stable through injecting yuan into the banking system by buying foreign currencies from commercial banks.

Analysts said that China was facing pressures to prevent hot money inflows due to international liquidity and the expectations for the appreciation of the yuan.

China's trade surplus stood at only $6.45 billion while foreign direct investment was $10.03 billion.

The central bank's rise in foreign exchange purchases was triggered by high global liquidity after the United States' second round of quantitative easing measures announced at the end of last year, said Guo Tianyong, a professor with the Central University of Finance and Economics.

The central bank's foreign exchange purchase hit a 33-month high at 530.18 billion yuan in October last year. But it began decreasing soon after to 319.64 billion yuan in November and 403.32 billion yuan in December.

China is attractive to international capital because of its economic performance and the anticipated appreciation of the yuan, said Tan Yaling, an expert at the China Institute for Financial Derivatives at Peking University.

Related News:

主站蜘蛛池模板: 成年男女拍拍拍免费视频 | 玖玖在线免费视频 | 欧美在线播放成人免费 | 国产中文久久精品 | 亚洲品质自拍视频网站 | 国产人做人爱视频精品 | 国产免费久久精品99re丫y | 成人高清视频在线观看 | 日韩中文字幕免费观看 | 韩国美女一区二区 | 国内精品福利在线视频 | 91资源在线观看 | 免费手机黄色网址 | 特级a欧美孕妇做爰片毛片 特级a欧美做爰片毛片 | 国产一区二区三区成人久久片 | 久久久久久a亚洲欧洲aⅴ | 国产三级在线视频播放线 | 国产精品白浆流出视频 | 午夜黄色网 | 亚洲自拍另类 | 国产精品久久久久久久久久影院 | 99久久国产综合精品2020 | 欧美日本一区二区三区生 | 1204国产成人精品视频 | 日韩不卡一二三区 | 欧美午夜伦y4480私人影院 | 视频一区 在线 | 天天躁天天碰天天看 | 一区二区三区中文国产亚洲 | 精产网红自拍在线 | 国产微拍精品福利视频 | 国产精品高清免费网站 | 午夜欧美成人久久久久久 | 国产高清a毛片在线看 | 九九99香蕉在线视频网站 | 亚洲国产三级 | 国产理论最新国产精品视频 | 成人一区视频 | 午夜在线播放免费人成无 | 在线国产一区二区三区 | 国产a精品三级 |