国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Money

China to further reform exchange rate, interests rate

(Xinhua)
Updated: 2011-03-11 10:07
Large Medium Small

BEIJING - An official with China's central bank said Thursday that they would steadily promote exchange rate and interest rate reforms over the coming five years, as they are key to the nation's financial system reform.

Reforming the exchange rate formation mechanism of the Chinese currency renminbi (RMB), or the yuan, will help fight inflation and assets bubbles and is in line with China's long-term and basic interests, said Zhang Xiaohui, director of the Monetary Policy Department of the People's Bank of China (PBOC), in an article posted on the website of the bank.

Related readings:
China to further reform exchange rate, interests rate Rate reforms can tame inflation: China central bank
China to further reform exchange rate, interests rate Yuan reform pace remains 'unchanged'
China to further reform exchange rate, interests rate Yuan rate 'at right level but fluctuation possible'
China to further reform exchange rate, interests rate 
Speed up interest rate reform

Zhang reiterated that the central bank would steadily promote the yuan exchange formation mechanism and ensure the yuan exchange rate was kept at a reasonable and balanced level.

The market will enjoy more power in deciding interest rates and play a fundamental role in the exchange rate formation, Zhang said.

China began its currency reform to unpeg the yuan against the US dollar in July 2005.

From mid-2005 to the end of 2010, the yuan appreciated 25 percent against the US dollar and 14 percent against the euro, Zhang said.

The central parity rate of RMB against the US dollar was 6.57 yuan per US dollar Thursday morning.

分享按鈕
孝昌县| 弥渡县| 黄梅县| 五寨县| 高陵县| 福清市| 张北县| 天峨县| 吉林省| 南充市| 西青区| 驻马店市| 巴彦县| 义马市| 西乡县| 固镇县| 儋州市| 景宁| 乐陵市| 喜德县| 南皮县| 连江县| 临武县| 达孜县| 容城县| 建湖县| 乳山市| 彭州市| 阿克苏市| 黄山市| 黄梅县| 平南县| 皋兰县| 阿瓦提县| 阳泉市| 长宁区| 汝南县| 永川市| 金沙县| 自贡市| 来宾市|