|
BIZCHINA> Top Biz News
![]() |
|
Chinese yuan rises 12 basis points against dollar
(Xinhua)
Updated: 2009-06-29 13:05 China's currency, the yuan, edged up 12 basis points against the US dollar Monday, after China repeated calls for a new international reserve currency last week.
The currency is allowed to float on the interbank market within a 0.5-percent band, which is set daily by the People's Bank of China (PBOC), China's central bank. The PBOC released its annual financial stability report on Friday and renewed its call for the creation of a super-sovereign currency to replace the US dollar. The decline of the dollar was tempered after Richard Fisher, president of Federal Reserve Bank of Dallas, said Friday the dollar would not be supplanted as the world's leading currency. (For more biz stories, please visit Industries)
|
|||||
南安市| 天祝| 衡水市| 讷河市| 乾安县| 秦皇岛市| 芮城县| 彰化县| 广南县| 耒阳市| 鄄城县| 梨树县| 唐海县| 正宁县| 新乡县| 四子王旗| 若羌县| 雷州市| 二连浩特市| 滕州市| 平乡县| 永德县| 庆元县| 得荣县| 虎林市| 博罗县| 普兰店市| 嵩明县| 凌海市| 岑溪市| 延庆县| 垦利县| 普格县| 开鲁县| 三明市| 安岳县| 峨边| 句容市| 张家界市| 天气| 海安县|