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

US EUROPE AFRICA ASIA 中文
Business / Markets

Markets gain confidence in renminbi, report says

(chinadaily.com.cn) Updated: 2015-10-09 13:36

Markets gain confidence in renminbi, report says

An employee counts yuan banknotes at a bank in Huaibei, Anhui province.[Photo/Agencies]

Investors appear to be gaining confidence in China's efforts to give markets a greater role in determining the renminbi's value, reported The Wall Street Journal.

The central government has spent less to defend the value of the renminbi in recent weeks than it did in the days immediately after its slump, while allowing the currency to flow more freely across borders, the newspaper said.

On Thursday, the yuan rose to its strongest level since it depreciated in early August and traded at 6.3515 per US dollar on the mainland in late Asian trading, according to the newspaper. The quote was in line with its daily fixing rate set by the central bank.

Currently, Chinese banks can trade yuan on the foreign exchange spot market at 2 percent above or below the central parity rate against the US dollar, as the People's Bank of China lifted the daily trading band from 1 percent in March 2014.

Economists expect such trading band will soon be expanded to 3 percent after the State Council promised a more flexible exchange rate.

Investors are now beginning to believe the renminbi will actually stabilize, said Cynthia Wong, head of emerging Asia trading in Hong Kong and Singapore at Société Générale, to Wall Street Journal.

The central bank has continued to intervene in the offshore market and in the domestic currency forwards markets, but not to the same extent as it did in August, the newspaper said, quoting traders.

China's Cross-Border Interbank Payment System was launched in Shanghai on Thursday, designed as an "expressway" to facilitate the yuan's use in international trade and investment.

The system serves as a global clearing platform for real-time settlement in the currency, connecting China with most offshore renminbi centers.

The launch came as the central bank also announced China has adopted International Monetary Fund rules that will result in prompt availability of the country's comprehensive statistics reports and also help improve the quality of its macroeconomic policies.

The yuan overtook the Japanese yen to become the world's fourth-largest payment currency in August, accounting for 2.79 percent of international payments, according to global transaction service provider SWIFT.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 精品一区二区三区的国产在线观看 | 中文欧美一级强 | 最新国产精品视频免费看 | 国产精品欧美激情在线播放 | 国产自在自线午夜精品 | 日韩视频在线观看 | 国产孕妇孕交视频 | 国产在线a | 亚洲无总热门 | 国产成在线观看免费视频成本人 | 久久在线视频播放 | 三级毛片在线 | 国产一级aa大片毛片 | 亚洲专区在线视频 | 成年人免费的视频 | 小草青青神马影院 | 一级毛片真人免费观看 | 一级毛片免费 | a级毛片免费观看视频 | 欧美一级视频免费观看 | 美日韩一区二区三区 | 久久久久久免费一区二区三区 | 国产欧美日韩在线一区二区不卡 | 午夜两性视频免费看 | 精品久久香蕉国产线看观看亚洲 | 黑色丝袜美美女被躁视频 | 最近免费手机中文字幕3 | 欧美a级毛片免费播敢 | 18成人免费观看网站入口 | 国产精品黄页在线播放免费 | 国产一级特黄a大片99 | 毛片a区| 波多野结衣在线观看高清免费资源 | 欧美视频在线看 | 国产成人精品曰本亚洲78 | 一级视频在线免费观看 | 污美女网站www在线观看 | 日本高清视频一区二区 | 精品国产亚洲人成在线 | 性色tv视频观看 | 久夜色精品国产一区二区三区 |