129788662315468750_21 <a href="http://www.levelingpower.com/tera/gold">tera gold</a>Zhao Qingming: adjustment of RMB exchange rate fluctuations expanded is the only technology
NetEase finance, April 14 this morning, people's Bank of China announcement, since April 16, 2012, interbank spot foreign exchange market the dollar traded float expanded from 0.5% per cent, designated foreign exchange banks provide customers with dollar foreign exchange rates, the highest selling price on the day and the date of the difference between the spot price must not exceed the lowest exchange rate parity1% extended to 2%. Senior fellow at the Headquarters Office of the Governor Zhao Qingming of China Construction Bank pointed out that reform five years, Yuan parity against the dollar appreciated by more than 30%, Yuan-dollar exchange rate basically close to a balanced State. Currently increasing the elasticity of RMB's currency against the dollar will help further promote the return to a State of equilibrium exchange rate of RMB."Some people call, some people fall, pragmatically speaking, I think this is a further increase in the Renminbi exchange rate flexibility in good time.
"Zhao Qingming said
tera gold, China's foreign trade performance in the first quarter as more balanced, expectations for future comparison and differentiation in the industry, but the Central Bank's move was not for the trade surplus declined. Zhao Qingming also pointed out that the expanded currencyUS dollar floating rate is only a technical adjustment, not to read too much. Can return to a State of equilibrium exchange rate depends on the following two aspects
tera power leveling, is a balance of savings and investment, a trade balance. From the major international currencies, such as the euro, 24 hours of continuous volatility between the yen and US dollar, only very few departments to meet or exceed 1%. Even if we put 5 per thousandExtended to 1%, Yuan against the dollar exchange rate volatility is rarely achieved 1%.
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