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Commerce Department: RMB exchange rate volatility on the foreign trade enterprises to expand influence
- Categories:Trade
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- Time of issue:2012-04-24 15:01
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(Summary description)A few days before the People's Bank will announce the price of the floating range of the RMB against the dollar to trade expanded by five thousandths of one percent. Expand the floating range of the RMB against the dollar in favor of unilateral appreciation is expected to break the yuan against the abnormal foreign exchange liquidity, and create a more stable operating environment for the development of foreign trade. Ministry of Commerce spokesman Shen Danyang said the price floating range of the RMB against the dollar to trade expanded by five thousandths of one percent, this adjustment will have some impact on foreign trade enterprises. Now enterprises are mainly reflects the trend may be more difficult to judge the yuan, which are accustomed to in a stable market environment, exchange rates or unilateral import and export business enterprises, may bring some challenges. Two days before the opening of the Fair has some enterprises have worried when they do not dare orders under long single, have some short orders, mainly worried mishandled against exchange rate fluctuations.
Commerce Department: RMB exchange rate volatility on the foreign trade enterprises to expand influence
(Summary description)A few days before the People's Bank will announce the price of the floating range of the RMB against the dollar to trade expanded by five thousandths of one percent. Expand the floating range of the RMB against the dollar in favor of unilateral appreciation is expected to break the yuan against the abnormal foreign exchange liquidity, and create a more stable operating environment for the development of foreign trade.
Ministry of Commerce spokesman Shen Danyang said the price floating range of the RMB against the dollar to trade expanded by five thousandths of one percent, this adjustment will have some impact on foreign trade enterprises. Now enterprises are mainly reflects the trend may be more difficult to judge the yuan, which are accustomed to in a stable market environment, exchange rates or unilateral import and export business enterprises, may bring some challenges. Two days before the opening of the Fair has some enterprises have worried when they do not dare orders under long single, have some short orders, mainly worried mishandled against exchange rate fluctuations.
- Categories:Trade
- Time of issue:2012-04-24 15:01
Information
A few days before the People's Bank will announce the price of the floating range of the RMB against the dollar to trade expanded by five thousandths of one percent. Expand the floating range of the RMB against the dollar in favor of unilateral appreciation is expected to break the yuan against the abnormal foreign exchange liquidity, and create a more stable operating environment for the development of foreign trade.
Ministry of Commerce spokesman Shen Danyang said the price floating range of the RMB against the dollar to trade expanded by five thousandths of one percent, this adjustment will have some impact on foreign trade enterprises. Now enterprises are mainly reflects the trend may be more difficult to judge the yuan, which are accustomed to in a stable market environment, exchange rates or unilateral import and export business enterprises, may bring some challenges. Two days before the opening of the Fair has some enterprises have worried when they do not dare orders under long single, have some short orders, mainly worried mishandled against exchange rate fluctuations.
