Home>News Center>China
       
 

Central bank: Yuan change not one-off move
(Reuters)
Updated: 2005-08-29 13:43

Recent reforms to China's currency regime do not represent a one-off adjustment, Chinese central bank governor Zhou Xiaochuan told the Financial Times, repeating a commitment to gradually make the exchange rate more flexible.

Recent reforms to China's currency regime do not represent a one-off adjustment, Chinese central bank governor Zhou Xiaochuan told the Financial Times, repeating a commitment to gradually make the exchange rate more flexible.
Zhou Xiaochuan [newsphoto/file]
Zhou said a managed floating exchange rate was in place that would allow a move to a market-driven system.

"I think it's very clear that China is introducing a new exchange rate mechanism. It is not a one-time adjustment," said Zhou in an interview published on Monday.

The government has often said that China is moving toward greater flexibility in its exchange rate, but it has given no clear indication on when the currency might be further revalued.

And after last month's 2.1 percent revaluation of the yuan to 8.11 per dollar, it said more such adjustments should not be taken for granted.

The Financial Times said Zhou had declined to give a timetable for widening the band in which the renminbi was allowed to float or for moving to a more market driven system.

But the newspaper quoted him as saying observers should not assume progress would be very slow.

Zhou said in the initial period movement might seem small, "but the important thing is that it has started to float and over time market forces will play a more and more important role."



Explosion near Sanlitun
Tornado occurs off the waters of Zhejiang
Taiwan experts in Sichuan for panda selection
  Today's Top News     Top China News
 

Economists: Zhu Rongji's pro-active policy once more

 

   
 

N.Korea says not ready for nuclear talks

 

   
 

Central bank: Yuan change not one-off move

 

   
 

Hearing scheduled for tax threshold

 

   
 

Sexual harassment against women outlawed

 

   
 

Delegates discuss panda practicalities

 

   
  Sexual harassment against women outlawed
   
  Yuan adjustment not one-off move - banker
   
  China ratifies WHO anti-tobacco treaty
   
  Economists: Zhu Rongji's pro-active policy once more
   
  More flats for low-income families urged
   
  Sino-US textile talks to resume
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 成年男人的天堂| av无码免费一区二区三区| 花季app色版网站免费| 天天摸天天做天天爽天天弄| 久久精品国产亚洲Av麻豆蜜芽| 高铁上要了很多次| 无码精品A∨在线观看十八禁| 噜噜影院无毒不卡| a级毛片免费完整视频| 欧美成人精品第一区二区三区| 国产欧美日韩中文久久| 丹麦**一级毛片www| 男人女人真曰批视频大全免费观看 | 99视频精品全部在线播放| 欧美大成色www永久网站婷| 国产在线观看91精品一区| 中国美女一级毛片| 欧美freesex黑人又粗又大| 国内精品人妻无码久久久影院导航 | 久久精品久久久| 美女扒开腿让男人捅| 国产精品99久久久久久宅男| www.亚洲日本| 日本一区二区三区四区视频| 亚洲伊人久久大香线蕉影院| 男女一边摸一边做爽视频| 国产私拍福利精品视频| eeuss免费天堂影院| 摸BBB揉BBB揉BBB视频| 亚洲精品456在线播放| 黄网站在线免费| 尤物视频在线播放| 久久天天躁狠狠躁夜夜躁2020| 精品久久久久久国产潘金莲| 国产成人亚洲精品无码青青草原| 一本大道无香蕉综合在线| 欧美成a人片在线观看| 免费看曰批女人爽的视频网址| 里番无修旧番6080在线观看| 国产精品久久久久久福利| 丰满人妻一区二区三区视频53|