国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Yuan slightly stronger against other currencies in November: Index

Xinhua | Updated: 2016-12-07 09:34

BEIJING - The yuan appreciated slightly against a basket of currencies in November with mild fluctuations, according to an index released by financial services provider China Foreign Exchange Trade System (CFETS).

The yuan exchange rate composite index, which measures the yuan's strength relative to a basket of 13 currencies including the US dollar, euro and Japanese yen, came in at 94.68 at the end of November.

That marked a 0.49 percent increase from a month earlier, CFETS said in an article published on its website Tuesday.

Due to stronger expectations of an interest rate increase by the US Federal Reserve and easing political uncertainties after the presidential election, the US dollar have moved upwards last month, as the yuan depreciated 1.69 percent against the dollar.

But compared with other currencies, the yuan has slightly strengthened, suggesting it remains basically stable, the article said.

With China's economy showing increasing signs of stabilizing, the currency has the conditions to stay stable at a reasonable and balanced level, it said.

China overhauled its exchange rate mechanism last August, making it more market-based and setting the yuan's value with more reference to a basket of currencies instead of the dollar alone.

The composite index was first released in December 2015 to offer a more comprehensive reflection of exchange-rate changes. Previously, market watchers had mainly fixated on the yuan-US dollar rate.

In November, the index that measures the yuan against the Bank for International Settlements currency basket strengthened to 95.95, up 0.93 percent from October, while against the Special Drawing Rights basket it weakened to 95.26, down 0.27 percent, according to the CFETS.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
安阳市| 梧州市| 棋牌| 隆回县| 洛隆县| 定西市| 宁强县| 轮台县| 堆龙德庆县| 赣州市| 依安县| 阜平县| 泾阳县| 漯河市| 苏尼特右旗| 柳林县| 英吉沙县| 定日县| 定南县| 禄劝| 海南省| 兖州市| 海伦市| 临夏县| 五莲县| 宣武区| 英山县| 元氏县| 阳春市| 乌拉特前旗| 宽城| 吉水县| 禄劝| 武宁县| 皮山县| 望奎县| 渝北区| 东乌| 婺源县| 丁青县| 沁源县|