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

US EUROPE AFRICA ASIA 中文
Business / Markets

China's yuan to stay stable despite speculating forces: PBOC

(Xinhua) Updated: 2016-01-07 16:41

China's yuan to stay stable despite speculating forces: PBOC

A photo illustration shows a $100 banknote placed above Chinese 100 yuan banknotes in Beijing in this May 10, 2013 file photo. [Photo/Agencies]

BEIJING - China's central bank is capable of keeping the yuan "basically stable at a reasonable equilibrium level" in spite of "speculating forces," according to an editorial on the bank's website Thursday.

The reassurance, made by the People's Bank of China (PBOC), came as the currency's central parity rate lost 332 basis points to 6.5646 against the US dollar on Thursday, the lowest level since March 18, 2011, data from the China Foreign Exchange Trading System showed.

The renminbi's exchange rate is supposed to go along with market forces, which should be the demand and supply of foreign exchanges based on the real economy, instead of speculating forces using excessive leverage, the editorial said.

"Some forces attempt to make profit from speculating on the renminbi. This kind of trading is unrelated to the demand of the real economy and does not reflect the real market demand and supply, which only leads to abnormal fluctuations in the yuan's exchange rates and sends the wrong signals to the market," it said.

"Faced with the speculating forces, the central bank has the capabilities to keep the yuan basically stable at an reasonable equilibrium level," it added.

The renminbi will go with changes of demand and supply in the market, and its exchange rates will change in both directions, it said.

In addition to the central bank's determination to keep the yuan stable, the conditions are there for the currency to stay basically stable, said the article, citing the steady overall economy.

"Even as China's export growth declined in 2015, the share of the country's export in the global total has still increased. There is no necessity for China to stimulate export and stabilize growth through competitive currency depreciation," it said.

The central bank foresees "some uncertainty" concerning the exchange rates of the US dollar in the following period, and the impact of the US Fed's interest rate hike has largely digested by the market.

The central bank pointed to the fundamentals of China's economy as a long-term factor that will prop up the renminbi.

There is no foundation for the yuan's continuous depreciation and it remains a strong currency among international reserve currencies, it added.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 精品1卡二卡三卡四卡老狼 亚洲网在线观看 | 性做久久久久久久久 | 四虎永久免费在线 | 中文字幕网站在线观看 | 97精品一区二区 | 日韩免费不卡视频 | 鬼吹灯之天星术在线观看 | 成人毛片在线观看 | 114国产精品久久免费观看 | 亚洲精品男人的天堂 | 深夜成人福利视频 | 色婷亚洲| 亚洲欧美在线观看 | 九一精品 | 欧美精品黄色 | 91美女片黄在线观看游戏 | 免费av在线播放 | 欧美日韩久 | 日韩欧美国产一区二区三区 | 色图偷拍 | 大地网资源在线观看免费高清 | 久久久久久影视 | 日本视频中文字幕 | 天堂男人在线 | 国产成人在线精品 | 免费成人黄色片 | 成人无高清96免费 | 免费观看毛片视频 | 欧美久久免费 | 国产黄色网络 | 久久综合桃花网 | 黄色片免费网站 | 天天综合网久久综合网 | 午夜小福利 | 丁香婷婷色 | 黄色羞羞网站 | 日韩高清二区 | 久久午夜国产精品 | 国产精品69久久久久孕妇欧美 | 波多野结衣亚洲 | 日韩中文字幕免费在线观看 |