综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

China not planning more yuan revaluations
(AP)
Updated: 2005-09-16 07:30

BEIJING - China will not adjust its currency's exchange rate through another revaluation, a senior central bank official said Thursday, responding to questions about speculation over such a move.

Yi Gang, an assistant to the governor of the People's Bank of China, Zhou Xiaochuan, said Beijing was confident it can keep the yuan stable while allowing it to adjust gradually to market pressures under what it calls a "managed floating regime."

"The exchange rate would continue to be set by the managed floating regime rather than by official revaluation," Yi told Dow Jones Newswires on the sidelines of a financial conference.

Other Chinese officials have also stressed that Beijing plans no more revaluations following a July 21 move that shifted the yuan's value against the U.S. dollar by 2.1 percent to 8.11 yuan per dollar. With that move, China began linking the yuan to a basket of currencies of its major trading partners instead of just the dollar.

The yuan rose against the dollar Thursday, closing at 8.0887 — its highest level since the July 21 revaluation. The yuan closed at 8.0912 on Wednesday.

Close