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Zhou Xiaochuan: Will not rush to introduce the RMB exchange rate reform plan

Zhou Xiaochuan: Will not rush to introduce the RMB exchange rate reform plan

  • Categories:Industry News
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  • Time of issue:2010-12-08
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(Summary description)Zhou Xiaochuan said that the adjustment of the RMB exchange rate mechanism is a good thing for the capital market

Zhou Xiaochuan: Will not rush to introduce the RMB exchange rate reform plan

(Summary description)Zhou Xiaochuan said that the adjustment of the RMB exchange rate mechanism is a good thing for the capital market

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2010-12-08
  • Views:0
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   Zhou Xiaochuan said that the adjustment of the RMB exchange rate mechanism is a good thing for the capital market

   Yesterday, the Premier of the State Council met with a US business delegation in Beijing. When talking about the RMB exchange rate, Wen Jiabao said that the reform of the RMB is China’s sovereignty. China will proceed from reality and unswervingly promote the reform of the RMB exchange rate system. As long as the conditions are met and there is no external pressure, China will take the initiative to advance the exchange rate reform; No, even if external pressure is exerted, China will not act rashly. Today, Zhou Xiaochuan, Governor of the People's Bank of China, was interviewed by reporters at the Fortune Forum on the issue of the people's exchange rate.

  For the exchange rate issue, our direction is firm. We are making relevant preparations, but we will not introduce it in a hurry. We will introduce it only after we have evaluated it.

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