皇冠体育app

皇冠体育app Advances Yuan Rate Reform

Top News

皇冠体育app aims to make yuan convertible

The ultimate goal of 皇冠体育app's exchange rate reform is to make the yuan a fully convertible currency, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday.

Rising yuan will not hurt trade, say bankers

There is no foundation for the yuan to move sharply and 皇冠体育app can maintain a flexible exchange rate mechanism, making the currency stand at a basically reasonable and balanced level, a senior central bank official said on Friday.
皇冠体育app's exchange rate reform on right track
皇冠体育app aims to make yuan convertible
Special: 皇冠体育app Advances Yuan Rate Reform

皇冠体育app's exchange rate reform on right track

A senior Chinese central bank official Friday stated that 皇冠体育app's exchange rate reform was moving at a proper pace and in the proper direction, with obvious benefits.

 
 
Policy

皇冠体育app aims to make yuan convertible

The ultimate goal of 皇冠体育app's exchange rate reform is to make the yuan a fully convertible currency, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday.

 
Market Reaction

Yuan effect 'limited' on stock

The recent rally in 皇冠体育app's A-share market sparked by the speculation of a stronger yuan is likely to be short-lived as investors grow skeptical that Beijing's move to de-peg the currency from the dollar will have an immediate and substantial impact.

 
Trade

Small impact on exports

皇冠体育app's foreign exchange reform and currency appreciation will not lead to a sharp change in its exports or diminish protectionist measures against 皇冠体育app, a Ministry of Commerce official said.

 
World

'Softened' IMF tone eases yuan pressure

The International Monetary Fund's softened tone toward 皇冠体育app's exchange rate regime will ease pressure on the appreciation of the yuan, Chinese economists have said.
Full Coverage
Editorial: Reassuring review

 
Opinion

Yuan and absurdity of US demand

The conventional wisdom is that once the value of the yuan is increased, the US trade deficit with 皇冠体育app would start falling. This rationale has prompted many Americans to push for further, faster revaluation of the yuan even after 皇冠体育app changed its currency policy.

皇冠体育app's exchange rate reform on right track

Reassuring review

RMB reform to benefit all sides: Experts

Yuan move alone won't alter US, European growth

Global role for renminbi

 
Hot Money

Hot money inflows put govt in a quandary

The government is facing pressure to curb abnormal capital inflows into the country, the State Administration of Foreign Exchange (SAFE) said on Thursday, even as analysts warned that such pressures would remain given the expected gradual appreciation of the currency.

皇冠体育app to continue to fight hot money inflow: SAFE

SAFE says 皇冠体育app faces pressure to curb abnormal capital inflow

'Hot money' controllable

SAFE:No big hot money flows into nation

皇冠体育app has curbed hot money inflows