在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

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: 国产一区二区三区在线 | 国产精品成人一区二区 | 午夜a级片| 国语对白做受欧美 | 97国产精品 | 久久99精品国产麻豆91樱花 | brazzers精品成人一区 | 日韩精品黄 | av免费观看在线 | 国产伦精品一区二区三区视频黑人 | 欧美999| 中文字幕在线视频观看 | 伊人网av | 黄色小视频免费 | 亚洲精品99| 国产一级特黄aaa大片 | 国产一级二级片 | 亚洲福利视频一区 | 精品一区二区三区四区 | 午夜成人免费视频 | 蜜臀av性久久久久av蜜臀妖精 | 日日夜夜噜 | 我要操网站 | 无套内谢的新婚少妇国语播放 | 91欧美日韩 | 久久高清免费视频 | 国产精品毛片av | 欧美性猛交xxxx乱大交退制版 | 国产毛片在线 | 亚洲+小说+欧美+激情+另类 | 日韩欧美三级 | www.4hu95.com四虎| 久久国产影院 | 欧美黄色片 | 九九热在线观看 | 在线观看黄色小视频 | 欧美成人猛片aaaaaaa | 久久久噜噜噜 | 国产精品一区在线播放 | 日韩欧美在线一区二区 | 可以看av的网站 |