China's central bank will maintain basic stability of the yuan exchange rat...
A man walks past the headquarters of the People's Bank of China , the central bank, in Beijing November 20, 2013. China will lift controls on deposit rates when conditions are ripe, the central bank vice governor said on Wednesday, as part of efforts to push forward a market-based interest rate regime. REUTERS/Jason Lee
BEIJING - China’s central bank will maintain basic stability of the yuan exchange rate within a reasonable and balanced range, according to comments posted on its website on Sunday. Pan Gongsheng, deputy governor of the People’s Bank of China , told the PBOC-run Financial News in an interview that the central bank was confident in its ability to maintain stable operation of China’s foreign exchange market.
The PBOC will also make the necessary counter-cyclical adjustments and strengthen macro prudential management according to changes in the situation, as well as combating illegal and irregular behavior and safeguarding good order on the foreign exchange market, said Pan, who is also director of the State Administration of Foreign Exchange.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China cancels U.S. pork import order as U.S.-China trade war drags onThe same week U.S. President Donald Trump announced sweeping increases on tariff...
Lire la suite »
Market will return to all-time highs with help from a group hit by the trade war, Wall Street bull Ed Yardeni predictsYardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.
Lire la suite »
Wholesale importer: Our family business, like others, pays Trump's tariffs — not ChinaWe are importers of Christmas decorations. The vast majority of the items we import are made in China, with some exceptions. China is the only country that can produce many of the items we buy.
Lire la suite »
Ex-CIA agent gets 20-year sentence for spying for ChinaAn ex-CIA officer was sentenced to 20 years in prison Friday for spying for China in a case called part of an 'alarming trend' in the US intelligence community. Kevin Mallory, 62, was convicted under the Espionage Act for selling classified US 'defense information' to a Chinese intelligence
Lire la suite »
There’s no recession in sight, but the U.S. economy appears stuck in second gearThe U.S. economy is in no danger of imminent recession, but it appears to be facing tighter caps on just how fast it can grow. Here’s why.
Lire la suite »
In Beijing, views of America have become deeply cynicalChina has interests in other countries, but America is an obsession
Lire la suite »
U.S. trade war will only make us stronger, China's top paper saysThe trade war with the United States will only make China stronger and will neve...
Lire la suite »
To Avoid Tariffs, This Japanese Copier Maker Plans Less ‘Made in China’Ricoh said it plans to shift some production of copiers intended for American customers out of China, an example of what could become a wider push by manufacturers as the U.S.-China trade dispute continues.
Lire la suite »
The first round of China tariffs already stifled U.S. exportsThe U.S.-China trade war is escalating, but many U.S. industries are already feeling the pain of last summer's skirmish.
Lire la suite »
Trade can no longer anchor America’s relationship with ChinaWestern leaders had hoped that joining the global economy would make China more like the West. They were wrong
Lire la suite »