国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China able to ensure stability of yuan: central bank

Source: Xinhua| 2018-10-26 19:35:14|Editor: Yurou
Video PlayerClose

BEIJING, Oct. 26 (Xinhua) -- China's central bank official said Friday that the country has the foundation, capability and confidence to keep the yuan's exchange rate basically stable at a reasonable and balanced level.

Pan Gongsheng, deputy head of the People's Bank of China, attributed recent fluctuations of the yuan's exchange rate to factors including the U.S. Federal Reserve interest rate hike, a stronger U.S. dollar, international financial market volatility and trade frictions.

The yuan has remained relatively stable compared with other emerging market currencies and China will adopt macro-prudential measures to stabilize market expectations, Pan told a press conference.

The country's sound economic fundamentals, stable macro leverage ratio, controllable financial risks, balanced international payment and sufficient foreign exchange reserves will keep the yuan basically stable, he said.

Pan reiterated that China will not engage in competitive currency devaluation or use the exchange rate of the yuan as a tool to address external disturbances such as trade frictions.

He said the China-U.S. trade frictions had a controllable impact on China's forex market and cross-border capital flows.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001375608031
主站蜘蛛池模板: 大厂| 绩溪县| 博爱县| 唐山市| 商城县| 开阳县| 礼泉县| 古蔺县| 驻马店市| 孟州市| 关岭| 泗水县| 称多县| 扬中市| 攀枝花市| 义乌市| 洛宁县| 谢通门县| 伊金霍洛旗| 常熟市| 永州市| 峨眉山市| 简阳市| 谢通门县| 南漳县| 罗源县| 金寨县| 五原县| 阿鲁科尔沁旗| 鹰潭市| 延川县| 旌德县| 雅江县| 奉新县| 芜湖市| 林芝县| 两当县| 平潭县| 松滋市| 通城县| 邵东县|