Latest topics
» The Midnight Hour (0040) Investigating the disclosure support network.
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 2:20 pm by PurpleSkyz

» Hangar 18 - does it exist ?
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 11:33 am by PurpleSkyz

» UFO Reports Hidden in an FAA Database
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 11:26 am by PurpleSkyz

» UFO News ~ Large disc shaped UFO captured above the Volcano Colima Mexico plus MORE
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 11:16 am by PurpleSkyz

» SPACE FORCE’S SECRET MISSION
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 11:07 am by PurpleSkyz

» Fields of Higher Dimensionals are viewed and accepted
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 11:02 am by PurpleSkyz

» Base beneath Mount Hayes Alaska discovered by an intelligence analyst
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 10:58 am by PurpleSkyz

» Chinese Mystery Disease Update
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 10:56 am by PurpleSkyz

» Strange object leaves bright trail in sky near military base
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 10:52 am by PurpleSkyz

» Quadcopter Flight Over Ancient Saqsaywaman Near Cusco Peru
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 10:50 am by PurpleSkyz

» Martin Luther King Jr’s Daughter and Former Neo-Nazi Start New Friendship
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 10:48 am by PurpleSkyz

» Strange pink cloud photographed in the south of France
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 10:44 am by PurpleSkyz

» #QTard Drama Theater - Potus45 Official Impeachment Response/ Why Gen. Flynn was targeted plus more
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 10:28 am by PurpleSkyz

» Benjamin blablabla Fulford 1-20-2020… Rothschilds kicked out of Russia and Japan as world revolution unfolds
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 10:24 am by PurpleSkyz

» Cult Alert - Sourcetruth Enterprises Inc. Continues To Expand
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyToday at 12:38 am by RamblerNash

» Last month it was pigeons wearing cowboy hats - now it's pigeons wearing sombreros. But who is responsible ?
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyYesterday at 8:47 pm by PurpleSkyz

» Virginia State Senator Issues Warning Hours before Monday’s 2A Rally: “We Are Being Set Up” plus MORE
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyYesterday at 8:25 pm by PurpleSkyz

» POOPness for JAN 19: Strange Phenomena, Typical BS & Lies But Send Us Money
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyYesterday at 8:20 pm by PurpleSkyz

» Bad-clown Rising - THE FARM BUREAU Solipsistic Mind
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyYesterday at 6:44 pm by PurpleSkyz

» CO LABBING January 19, 2020
HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)" EmptyYesterday at 3:57 pm by Consciousness Of Economic






CURRENT MOON




You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)"

HUGE NEWS:"The People's Bank of China (PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate(from Monday)"

Go down  Message [Page 1 of 1]

ymoilman2


REUTERS: U.S. Treasury's Lew welcomes Chinese currency move

Sun Mar 16, 2014

(Reuters) - The United States welcomed China's recent decision to allow its currency's value to vary more against the U.S. dollar, a Treasury spokesperson said on Sunday.

U.S. Treasury Secretary Jack Lew spoke on Saturday evening by phone with Chinese vice-premier Wang Yang in a previously scheduled call, the spokesperson said.

"Lew welcomed China's recent announcement to widen the daily trading band for the renminbi against the U.S. dollar and emphasized the need for China to move towards a market-determined exchange rate," the spokesperson said.

China's central bank eased its grip on the yuan on Saturday by doubling the daily trading range for the currency. The move added teeth to a promise it would allow market forces to play a greater role in the economy and its markets.


The People's Bank of China
(PBOC) said the exchange rate will be allowed to rise or fall 2 percent from a daily midpoint rate CNY=SAEC it sets each morning.The change is effective from Monday.


Analysts said the move was a sign of confidence that the central bank had successfully fought off a plague of currency speculators and signalled that regulators believe theeconomy was stable enough to handle more promised reforms going forward.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum