日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Markets

RRR cuts to ease liquidity conditions

By Jiang Xueqing (China Daily) Updated: 2015-02-06 07:33

RRR cuts to ease liquidity conditions

A Chinese national flag flutters outside the headquarters of the People's Bank of China, the Chinese central bank, in Beijing, April 3, 2014. [Photo/Agencies]

New steps likely to prevent slowdown in base money growth

The decision of the People's Bank of China to cut reserve requirement ratios for lenders by 50 basis points will help mitigate liquidity risks and prevent a slowdown in base money growth amid increased capital outflows, leading economists said on Thursday.

Wang Tao, chief China economist at Swiss bank UBS AG, estimated that China's net capital outflows exceeded $160 billion in the fourth quarter of last year, accounting for more than half of the total outflows in 2014, as the US dollar continued to strengthen in recent months.

"The People's Bank of China's recent but limited use of medium-term lending facilities was not sufficient to offset such a huge drain on domestic liquidity. In addition, liquidity demand is set to spike as the Lunar New Year approaches, alongside anticipated new initial public offering subscriptions, which will further strain interbank liquidity conditions," she said.

China's capital and financial account posted a deficit of $91.2 billion in the fourth quarter, according to figures released by the State Administration of Foreign Exchange on Tuesday.

Ma Jun, chief economist of the PBOC's research bureau, said: "As the central bank has withdrawn from regular intervention in the foreign exchange market, the yuan funds outstanding for foreign exchange are no longer a major channel of injecting long-term liquidity into the financial system. Under such circumstances, it is necessary to cut the RRR, along with the application of other monetary policy tools, to maintain reasonable growth of broad money supply and adequate liquidity to ensure a steady increase of credit and total social financing."

Deepening economic slowdown and disinflationary pressure are also among the reasons cited by economists for the RRR cut.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 巨大乳女人做爰视频在线 | 国产精品视频网 | 久久久免费的精品 | 中文一区二区 | 久久久av| 亚洲欧美中日韩中文字幕 | 成年在线视频免费视频观看 | 黄网站入口| 夜夜夜夜猛噜噜噜噜噜 | 永久免费av | 九九精品久久久久久噜噜 | 久草在线免费新视频 | 欧美日韩高清不卡免费观看 | 99热久久这里只精品国产 | 天天操天天操天天 | 婷婷成人免费视频 | 2021中文字幕亚洲精品 | 天天爱夜夜操 | www.尤物视频.com| 久草青娱乐 | 国产情侣啪啪 | 国产精品.XX视频.XXTV | 一级毛片一级毛片一级毛片一级毛片 | 欧美精品18videosex性俄罗斯 | 国产精品视频久久 | 91中文视频| 五月婷婷| 91免费永久国产在线观看 | 亚洲欧美日韩在线一区二区三区 | 久草久草视频 | 国产精品久久久久影视青草 | 日韩欧美在线一区二区三区 | 高清国产一区二区三区四区五区 | 久久午夜影视 | 欧美日韩国产一区二区三区播放 | 亚洲欧美日韩在线 | 欧美色综合天天久久综合精品 | 在线观看的av | a级欧美片免费观看 | 91看片免费在线观看 | 网红和老师啪啪对白清晰 |