www.55psb.com_138开户网址:中泰信托股权疑云董事长吴庆斌兼任大成基金董事长

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2019-11-18 20:20:19

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  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.

  Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthesecondlargesteconomy,thereisverylittlechanceofacurrencycrisisinChina."SimilarviewswereexpressedbyPanGongsheng,headoftheStateAdministrationofForeignExchange(SAFE),onSunday,aftertheonshorerenminbidepreciatedto6.9182perUSdollaronMay17."Recentcommentsfrompolicymakershaveemphasizedmaintainingstabilityoftherenminbi,"saidMaggieWei,aneconomistwithglobalinvestmentbankGoldmanSachs.Thespotexchangerateoftheonshorerenminbistabilizedataround6.91perUSdollarthisweek,andthecentralparityratewassetat6.8994perUSdollaronThursday.ThecentralbanksaiditwouldissuemoredebtinHongKong,therenminbioffshoremarket,followinga20billionyuan(.91billion)issuanceonMay15.Thecentralbankbillisadebt-financinginstrumentthroughwhichthemonetaryauthoritiescanabsorbfundsfrominvestorsandtightenliquidity.Itcanlifttheoffshoremarketinterestratesandincreasecostsifspeculatorsshorttherenminbi,especiallywhenthecurrencyisunderpressure.DuetotherisingChina-UStradefriction,therenminbishowedsomedepreciationrecently,saidLiu,termingtheexternaluncertaintyasa"bump"inChina'sdevelopmentandsomethingthatcanhardlychangethelong-termpositiveoutlook.Inthemediumtolongterm,therenminbi'sexchangeratewilldependontheeconomicfoundation,whichisstillresilient,withgreatdevelopmentpotential,hesaid.Renminbiexchangerate'sreactiontomarketexpectationsisnaturalinamarket-orientedeconomyandindicatestheforeignexchangerateisplayingtheroleofan"automaticstabilizer"formacroeconomyandinternationalpayments,Liusaid.Astableexchangeratecanbesupportedbythelatestmacroeconomicindicatorsbeingmaintainedwithinareasonablerange,stablemacroleveragelevel,limitedfiscalandfinancialrisks,balancedinternationalpaymentsandsufficientforeignexchangereserves,accordingtothecentralbankvice-governor.LatestdatafromSAFEindicateforeignexchangeinflowsofbillioninApril,withthenetinflowsupportingastablecurrency.Central bank bullish on yuan prospects #标题分割#PBOChasadequatetoolstowardoffthreatsfromunexpectedswingsThePeople'sBankofChina,thecentralbank,saidonThursdaythatacurrencycrisiswasunlikelyinthecountryasthelong-termoptimisticoutlookandadequatepolicytoolswouldhelpwardoffanypotentialthreatsfromunexpectedcurrencyswings.Depreciationandappreciationarebothlikelyfortherenminbiinthecomingdays,andthemonetaryauthorityhasconfidenceandcapacitytomaintainthecurrencyvalueatareasonablystablelevel,LiuGuoqiang,avice-governorofthePBOC,saidinastatementonthebank'swebsite.Therenminbi'srecentperformanceisstillwithinreasonablerangeandthemarkethasremainedstable.Wildfluctuationsofthecurrencywillnotbeallowed,saidLiu."Basedonglobalexperience,currencycrisisisrareinlargecountries,"saidLiu."Asthese