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听力原文:Pushing China's foreign exchange reform. ahead by another step, the central bank

听力原文: Pushing China's foreign exchange reform. ahead by another step, the central bank on Friday carried out its first currency swap deals with local banks. It hopes that this could help bring more flexibility to the market.

The People's Bank of China confirmed that it was carrying out its first foreign exchange swap deal on Friday, but would not give more details. A Beijing-based trader for a major state-owned bank said that the central bank offered one-year currency swaps worth $ 6 billion at 7.85 Chinese yuan per dollar.

In spot dealings, the yuan closed at 8.08 to the dollar on Thursday. Analysts said that it wasn't clear exactly what system the central bank was using in its swaps transactions, but said it could be selling dollars and buying yuan on the spot market, and a year later could reverse the deal at the set rate.

That would have the effect of removing yuan from the money market. At the same time, the central bank could use the swap rate to signal its expectations about how fast it expects the yuan's value to rise, they said.

Tile swap deal didn't seem to have any immediate effect on the spot market.

Late Thursday, China's State Administration for Foreign Exchange announced it would also introduce a new currency trading system allowing bank market members to trade directly with each other. It also invited qualified members to apply to become market makers for yuan spot trading.

A market maker agrees to act as either a buyer or seller in a financial transaction when no other party can be found. Currently, the central bank is China's key market maker in U.S. dollar trading due to tight restrictions on for eign exchange dealings, though regulators earlier announced they were considering letting other banks become market makers.

(33)

A.It is one of the China's foreign exchange reform.

B.It may bring flexibility to the market.

C.It is in the former plan.

D.They want to bring yuan to the spot market.

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更多“听力原文:Pushing China's foreign exchange reform. ahead by another step, the central bank”相关的问题

第1题

听力原文:After a decade of being rigidly pegged to the US dollar, China's currency is fina
lly free. Well, sort of. The People's Bank of China announced a new value, 8.11 to the dollar, strengthening the Yuan by about two percent, something the Bush Administration has been pushing for and a move economists have been saying China needed to make for its own good.

Which of the following statements is closest in the meaning that expressed in the passage?

A.China's currency is totally free now.

B.China's currency has been pegged firmly to the US dollars for decades.

C.The People's Bank of China announced appreciation of China's currency under Bush Administration's pressure.

D.The appreciation of China's currency has brought benefits to China.

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第2题

听力原文:What are the factors that lead to China's success in reducing the rate?(29)A.The

听力原文:What are the factors that lead to China's success in reducing the rate?

(29)

A.The development goal of UNICEF.

B.Cooperation among developing countries.

C.Economic development and government efforts.

D.People's awareness of the importance of the problem.

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第3题

听力原文:W: Is he from China or England?M: Maybe he's from England.Q: Where is he from?(20

听力原文:W: Is he from China or England?

M: Maybe he's from England.

Q: Where is he from?

(20)

A.America.

B.China.

C.England.

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第4题

听力原文:W: Is family life in America very different from that in China, Zhang Hua?M: No,

听力原文:W: Is family life in America very different from that in China, Zhang Hua?

M: No, I don't think so. But I have noticed a few differences.

Q: What does the man think of family life in America?

(19)

A.It's different from that in China.

B.It's completely the same as that in China.

C.It's less interesting than that in China.

D.It's mom colorful than that in China.

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第5题

听力原文: (30[A]) The infant mortality rate in China has declined notably since the beginn

听力原文: (30[A]) The infant mortality rate in China has declined notably since the beginning of the 1990s, according to China's new white paper on children's conditions. (29[A]) The average decrease in infant mortality in the country is 6.5 percent a year since 1990. The mortality rate of children under five years old has been tailing off by 5.85 percent annually, the white paper says. The white paper, entitled "The Situation of children in China" and issued by the Information Office of the State Council says that so far, no other country in the world with an annual per capita income approximate to China's has attained such rapid decreases.

The percentage of the annual decrease in infant mortality rate since 1990 is ______.

A.6.5

B.5.85

C.5

D.19

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第6题

听力原文:M: Susan, Please pass me a copy of China Daily.W: Here you are.M: I want to find

听力原文:M: Susan, Please pass me a copy of China Daily.

W: Here you are.

M: I want to find what's on this weekend.

W: Is there anything good on?

M: The Beijing Opera is showing on Saturday evening. Do you like Beijing Opera?

W: Oh, yes. Very much. When and where will it be?

M: At 7:30 in Beihai Park.

W: Let's go and see it, OK?

M: Good idea!

When will the Beijing Opera be on?

A.At 7:30 Saturday.

B.At 7:00 Saturday.

C.At 7:00 Sunday.

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第7题

听力原文:(A) The man is reaching for an item on the floor. (B) The man is pushing the cart

听力原文:(A) The man is reaching for an item on the floor.

(B) The man is pushing the cart.

(C) The woman is putting goods into the cart.

(D) The woman has covered her head.

听力原文:(A) The man is reaching for an item on the fl

A.

B.

C.

D.

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第8题

听力原文:(A) She is pushing a button.(B) She is wearing sunglasses.(C) She is making a cup

听力原文:(A) She is pushing a button.

(B) She is wearing sunglasses.

(C) She is making a cup of coffee.

(D) She is holding a box of papers.

听力原文:(A) She is pushing a button.(B) She is wearin

A.

B.

C.

D.

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第9题

听力原文:We cannot feel speed. But our senses let us know that we are moving. We see thing

听力原文: We cannot feel speed. But our senses let us know that we are moving. We see things moving past us and feel that we are being shaken. We can feel acceleration, an increase in speed. But we notice it for only a short time. For instance, we feel it during the take-off run of an airplane. We feel the plane's acceleration, because our bodies do not gain speed as fast as the plane does. It seems that something is pushing us back against the seat. Actually, our bodies are trying to stay in the same place, while the plane is carrying us forward.

Soon the plane reaches a steady speed. Then, because there is no longer any change in the speed, the feeling of forward motion stops.

How do you explain that we are moving?

A.By watching things move past.

B.By feeling the speed.

C.By feeling ourselves being shaken.

D.Both A and C.

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第10题

听力原文:China's car boom is presenting the country of 1.3 billion with a dilemma.The Beij

听力原文:China's car boom is presenting the country of 1.3 billion with a dilemma.

The Beijing Organizing Committee for the Olympic Games, for instance, is experimenting with a plan to limit the number of vehicles entering the city during the two-week sports extravaganza next summer by using odd-and even-numbered license plates. Traffic gridlock and air pollution have been haunting organizers. International Olympic Committee President Jacques Rogge even hinted at the possibility of rescheduling some endurance events if air quality doesn't improve. The country's car population has been growing due to an emerging middle class that desires personal mobility. Already, China has become the world's second largest consumer of auto- mobiles and the third biggest maker of automobiles.

What does the Beijing Organizing Committee for the Olympic Games plan to do to solve the problems caused by car boom?

A.Reduce the number of cars by increasing the relevant tax.

B.Reschedule some endurance events to avoid the traffic jam.

C.Limit the number of vehicles by using odd-and even-numbered license plates.

D.Prevent cars from entering Beijing from other provinces.

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