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

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

PBOC to let market forces shape rates

By Xin Zhiming | China Daily Europe | Updated: 2017-07-16 14:26

The People's Bank of China, the central bank, said on July 6 that the country will allow the market to "play a bigger role in deciding the exchange rate of the yuan and increase the currency's resilience against the dollar". Analysts say the yuan will become more flexible against the dollar, although it is expected to remain largely stable.

The central bank expressed its views through its Shanghai head office, which published the China Financial Market Development Report 2016 on its website.

The report said, "Efforts will be made to actively guide and stabilize market expectations, balance cross-border capital flows, and keep the yuan's exchange rate basically stable at a reasonable and balanced level."

Given the still-big interest rate gap between China and the United States, and China's recent tightening of cross-border capital management measures, the country is facing less pressure from capital outflows, and the yuan is expected to be largely stable in the second half of this year, say that a Sinolink Securities report.

But analysts said since the central bank introduced the "counter-cyclical adjustment factor" in setting the reference central parity rate of the yuan against the dollar in late May, the yuan's exchange rate against the dollar is set to become more flexible.

"The central bank report on July 6, which said market forces will have more say in deciding the exchange rate of the yuan, shows that the currency may undergo bigger fluctuations following major changes in the value of the dollar in the future," says Liu Dongliang, currency analyst of China Merchants Securities.

The dollar appreciated sharply in the second half of last year, leading to big depreciation of other currencies. But the yuan had remained relatively strong, failing to reflect the changes in the value of the dollar. "The yuan may become more responsive to changes in the dollar," Liu says.

The central bank also said in its report that the financial market will focus on market-oriented reforms this year. Mechanisms for formation, regulation and transmission of market-oriented interest rates will be improved to enhance the central bank's regulatory purview of interest rates, the report said.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲自拍另类 | 国产一区二区三区四区五区tv | 国内精品久久久久久影院老狼 | 国产人做人爱免费视频 | 亚洲欧美视频一级 | www夜色| 日韩午夜免费视频 | 亚洲成年人专区 | 96精品视频在线播放免费观看 | 一区二区三区影院 | 国产午夜精品不卡观看 | 97香蕉久久夜色精品国产 | 亚洲人的天堂男人爽爽爽 | 欧美 自拍 丝袜 亚洲 | 国产精品91av | 特级a级毛片 | 米奇888在线播放欧美 | 国产高清一级毛片在线不卡 | 成人黄网18免费观看的网站 | 午夜精品久视频在线观看 | 国产乱子精品免费视观看片 | 毛片手机在线观看 | 日韩精品一区二区三区免费观看 | 久久精品国产精品亚洲 | 久久免费视频网站 | 国产免费影院 | 欧美高清日本三级人妇 | 国产爽爽视频 | 国产成人精品午夜免费 | 国产亚洲一区二区精品 | 亚洲www.| 狠狠综合久久久综合 | 一级片日韩| 日本人视频网站一 | videos欧美丰满肥婆 | 明星国产欧美日韩在线观看 | 欧美一级va在线视频免费播放 | 99re热这里只有精品视频 | aa级毛片毛片免费观看久 | 美女动作一级毛片 | 成人看的一级毛片 |