economy - Governor 'discloses' currency basket deal

China's central bank has told more about the basket of foreign currency it uses to balance the value of China's Renminbi, many media including Reuters report. The bank's governor:

"The currencies in the basket depend on the amount of foreign trade we conduct. The U.S., euro zone, Japan and South Korea are our biggest trading partners now," Zhou said in Shanghai. "Hence, their currencies are naturally the main ones in the basket."

And if that was not enough, according to AP:

The currencies of Singapore, Britain, Malaysia, Russia, Australia, Canada and Thailand are also considered in setting the yuan's foreign exchange rate, Zhou Xiaochuan, the central bank governor, said during a speech to launch a new operations center for the People's Bank of China in Shanghai.

He did not say anything about the relation between the currencies. A fine example of Chinese disclosures that do not mean anything.