男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Markets

China central bank continues forex sales in Feb

(Xinhua) Updated: 2016-03-15 09:47

BEIJING - China's central bank saw its yuan funds outstanding for foreign exchange drop 227.9 billion yuan ($30.06 billion) to 23.98 trillion yuan in February, data showed on Monday.

The fall narrowed from the 644.5 billion drop in January and a record plunge of 708.2 billion yuan in December. Through 2015, the funds only rose in January and October.

As the Chinese currency is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by China's trade surplus and foreign investment in the country by commercial banks, adding funds to the money market.

Therefore, such funds are an important indicator for foreign capital flow in and out of China as well as domestic yuan liquidity.

Concerns about capital outflows have been on the rise as the economy slows and the Chinese currency has headed south since China revamped the foreign exchange mechanism last year.

However, authorities have repeatedly said there is no basis for continued weakness of the currency as the country's economic fundamentals remain sound. They also cited China's current account surplus and foreign exchange reserves as solid support for the balance of international payments.

During a press conference on the sidelines of the country's annual parliamentary session on Saturday, China's central bank governor Zhou Xiaochuan said the yuan has started to return to its normal and reasonable level after volatility.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 明水县| 甘孜| 沁源县| 扬州市| 大埔区| 隆子县| 射阳县| 长宁区| 吉首市| 汾阳市| 桑植县| 井冈山市| 津市市| 松桃| 长顺县| 凤庆县| 长泰县| 星座| 易门县| 永寿县| 临湘市| 靖远县| 炉霍县| 太湖县| 桑植县| 南部县| 马山县| 罗源县| 和平县| 临澧县| 马公市| 昌宁县| 长垣县| 玉溪市| 德阳市| 华池县| 石嘴山市| 鹤壁市| 新晃| 元谋县| 桃源县|