日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

China's central bank can promote wider use of SDR, central banker says

Xinhua | Updated: 2017-04-22 14:07
Share
Share - WeChat

WASHINGTON - The People's Bank of China (PBOC), China's central bank, could play a role in promoting the wider use of Special Drawing Rights (SDR), said Yi Gang, deputy governor of the PBOC, on Friday.

The use of SDR as a unit of account, financial instruments and official reserves has shown progress since the Chinese currency, the renminbi, joined the SDR basket last year, said Yi at a forum during the International Monetary Fund (IMF) and World Bank Spring Meetings.

According to the deputy governor, China has started reporting foreign reserves and international balance of payment data in SDR; and the World Bank and Standard Chartered have successfully issued SDR bonds in China.

However, Yi pointed out that the infrastructure for the SDR market needs improvement because the market still lacks liquidity, and the costs for hedging and settlements remain high.

In order to promote SDR market liquidity, Yi suggested that market institutions could increase the use of SDR as an accounting unit, which could encourage their participation in the SDR market and inject more liquidity into the market.

Mohamed El-Erian, chief economic advisor for Allianz, at the same forum also suggested that multilateral banks, sovereign wealth funds and multinational companies could be potential players in the SDR market.

In terms of official SDR reserves, Yi said that the IMF has played an important role in SDR allocation, while other central banks of countries that issue the reserve currency could also play a role in facilitating other SDR reserve holders to convert their SDR assets into other reserve currency assets. In this regard, China's central bank could also play a role, said Yi.

The SDR is an international reserve asset created by the IMF in 1969 to supplement its member countries' official reserves. It can be exchanged among governments for freely usable currencies in times of need.

Last year, the IMF decided to include the RMB in the SDR basket as a fifth currency. It's the first time for the IMF to include a currency from an emerging market economy in its SDR basket.

It is an acknowledgement of the progress China has made to get integrated into a global financial system dominated for decades by advanced economies, marking a historic milestone for China, the IMF and the international monetary system.

Top
BACK TO THE TOP
English
Copyright 1994 - . 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
CLOSE
 
主站蜘蛛池模板: 一级二级毛片 | 天堂综合网久久 | 亚洲免费视频观看 | 久久久久久夜 | 综合色小说 | aaa一级片| 四虎中文字幕 | 九九九网站 | 亚洲美女福利视频 | 韩国精品久久久 | 国产美女高潮 | www久久久久久 | 欧美精品第一页 | 日韩欧美在线播放 | www.激情五月 | 中文字幕亚洲专区 | 99久久国产免费 | 深夜视频在线免费观看 | 国产三级在线观看视频 | 黄色一级网 | 在线成人免费观看 | 成人在线播放视频 | 黄色av网址在线观看 | 日韩一区二区中文字幕 | 欧美激情综合五月色丁香 | 国产剧情麻豆 | 9色在线视频 | 天天躁日日躁狠狠躁喷水 | 日韩一区二区在线免费观看 | 污片免费在线观看 | 亚洲午夜久久久久久久久久久 | 99这里只有精品视频 | 成人小视频免费 | 久久字幕| 影音先锋国产资源 | 五月天婷婷综合网 | 男人天堂综合 | 久久久久久免费毛片精品 | 日本成人一区二区 | 久久av一区二区三区亚洲 | 懂色av粉嫩av蜜乳av |