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China, EU to jointly avoid fluctuations of exchange rate

China and the European countries using the same currency Euro will work together to avoid big fluctuations of foreign exchange rates. The message was conveyed when China's central bank governor Zhou Xiaochuan met with a group of sen ... ...full story at People's Daily

from People's Daily on Wed, Nov 28 2007

see also:

30 Jan 08 visit PM Exchange - Jan 29  »  YouTube videoForex TV - CFR's Setser weighs in on the USD, ahead of Wednesday's FOMC rate announcement. Central bank monetary policy, economic growth in China, and the USD peg of oil-exporting countries are discussed.
06 Mar 08 visit Mainland willing to facilitate cross-Straits currency exchange  »  People's Daily The Chinese mainland is willing to provide more convenience in currency exchange for people on both sides of the Taiwan Straits, central bank governor Zhou Xiaochuan said Thursday. Although there is no direct currency exchange betwe ...
20 Nov 07 visit Exchange rate could become more flexible  »  People's Daily China may make its exchange rate more flexible and, if necessary, consider widening the yuan's trading band, central bank governor Zhou Xiaochuan has said. But any change in the yuan's floating band will depend on the global economic sit ...
06 Mar 08 visit Central bank governor voices room for China's interest rate increase  »  People's Daily China's central bank governor Zhou Xiaochuan said Thursday there is room for interest rate increase, but domestic and international factors need to be considered before an adjustment. "There's certainly room for interest rate rise," ...
14 Aug 08 visit China's central bank to set up foreign exchange department  »  People's Daily The People's Bank of China, the central bank, would establish a foreign exchange department. With the approval of the State Council, the Cabinet, major functions of the new department include: administering foreign exchange, regulating domestic...
17 Dec 08 visit Further interest rate cuts likely  »  People's Daily China will face pressure to cut interest rates until the beginning of next year, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), the central bank, said yesterday. "From now until the beginning of next year is full of interest rate cut...

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