国产丝袜在线精品丝袜|在线A毛片免费视频观|日韩精品久久久一区二区|亚洲成在人网站天堂直播|99在线精品66视频无码|亚洲欧美不卡视频在线播放|国产精品久久久久久免费一级|久久精品国产亚洲AV香蕉软件

China capable of keeping RMB exchange rate stable: central bank

Source: Xinhua| 2019-05-23 21:51:07|Editor: Li Xia
Video PlayerClose

BEIJING, May 23 (Xinhua) -- A senior central bank official on Thursday reiterated that China is "capable and confident" of keeping the renminbi exchange rate generally stable on a reasonable and balanced level.

China has gained much experience in dealing with exchange rate fluctuations and has many policy tools available. China will strengthen macro prudential regulation and stabilize market expectations, Liu Guoqiang, vice governor of the People's Bank of China, said in an interview.

Liu's comments came after renminbi depreciated against the U.S. dollar recently due to U.S.-China trade tensions.

Given China's sound economic fundamentals, great resilience and huge potential, Liu believes that it is unlikely to see a currency crisis in the country.

"Sound economic fundamentals will continue to bolster the renminbi exchange rate. From international experience, currency crisis hardly happen in big countries. As the world's second largest economy, China has proper macro regulation and effective market mechanism, so there is no basis for a currency crisis," he noted.

China will continue to deepen reforms, add vitality to the economy, strike a balance between ensuring stable growth and preventing risks, promote the opening up of the financial sector, and optimize the structure of the financial system to ensure the renminbi exchange rate stays generally stable, Liu said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001380836841