Financial institutions and export and import enterprises have basically adapted to the flexibility of the exchange rate regime and show strong confidence in their future business. - Hu Xiaolian Visit FamousQuotes.com for more inspirational quotes
- Hu Xiaolian Visit FamousQuotes.com for more inspirational quotes
This move doesn't mean there will be a fundamental change of the yuan exchange rate formation mechanism. In response to some problems experienced by banks in their quoting rates to clients, some adjustments were made to expand the buying-selling rates spread, which is now basically consistent with other countries' practice in the range of quotation rates. - Hu Xiaolian Visit FamousQuotes.com for more inspirational quotes
This move serves to give commercial banks more discretion in pricing so that they can effectively balance the returns with cost and manage risks. - Hu Xiaolian Visit FamousQuotes.com for more inspirational quotes
We will further improve the yuan exchange rate formation mechanism and constantly make the exchange rate more responsive to market supply and demand. - Hu Xiaolian Visit FamousQuotes.com for more inspirational quotes
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