Tuesday, December 27, 2011

internationalization of currency to go with their direction of development is no doubt

129667864472021642_407After high profile in Nigeria announced the currency as its foreign exchange reserves, Thailand's Central Bank also expressed the same wish in public. According to a foreign news agency reported yesterday star wars the old republic power leveling, Thailand's Central Bank President Zhang Xuzhou said Thailand's Central Bank has begun to RMB into its foreign currency reserves. He also expressed views on future development, "If the Yuan's global liquidity enhancement, Thailand's Central Bank plans a phased increase of peopleCurrency as the size of its foreign exchange reserves.  "Internationalization of renminbi in these countries made" passive "is a step forward. Thailand trade and economic cooperation Zhang Xuzhou closely said Chinese currency in Thailand of the share of foreign currency reserves less than 1%. Analysts noted that Thailand and China's trade with frequent, as its reserve currency is the Renminbi real needsWith the trend of the times. By the end of September, Thailand's foreign exchange reserves amounted to $ 169.4 billion. Journalist access yesterday Thailand customs related data found that in January-July, Thailand and China on bilateral cargo imports and exports reached $ 33.14 billion, an increase of 30.8%. As of July swtor power leveling, China is Thailand's second largest trade partner, second only to Japan. China is Thailand's largestMarket and the second largest source of imports. The internationalisation objective required in recent years, are growing ever louder about internationalisation. In fact, the reason for, the currency of the country is to match its economic development.  As the world's largest exporter and the second-largest economy, internationalization of currency to go with their direction of development is no doubt, this is an objective need. NepalRiliya Sanoussi, Central Bank Governor said in recent days, Nigeria's Central Bank will increase the proportion of currency in its reserves in response to the growing European debt crisis.

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