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Ma Jun, chief economist of the PBOC's research bureau, said: "As the central bank has withdrawn from regular intervention in the foreign exchange market, the yuan funds outstanding for foreign exchange are no longer a major channel of injecting long-term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: 欧美高清性色生活片免费观看 | 欧美一级网站 | 国产成人精品日本亚洲麻豆 | 午夜dj在线观看神马视频 | 天天操天天射天天操 | 成人app色深夜福利 欧美电影一区 | 欧美日韩高清不卡一区二区三区 | 2020天天狠天天透天干天天怕 | 精品一卡2卡三卡4卡乱码免费 | 亚洲精品电影在线观看 | 欧美一a一片一级一片 | 91看片淫黄大片一级在线观看 | 久久亚洲国产精品五月天婷 | 久久久国产精品网站 | 成人自拍偷拍 | 精品国产一区二区在线 | xxx 日本韩国| 加勒比AV一本大道香蕉大在线 | 亚洲精品国产精品乱码不97 | 久久亚洲一级毛片 | 一区二区三区成人A片在线观看 | 嗯啊你轻点好深啊hh在线播放 | 黄色影视大全 | 色先锋av资源中文字幕 | 草草影院在线 | 日韩18在线观看地址 | 一级片在线 | 天天做天天爱天天大综合 | 欧美亚洲另类在线 | 99久久99久久精品免费看蜜桃 | 在线免费观看毛片 | 激情毛片 | 久久国产亚洲欧美日韩精品 | 国偷自产av一区二区三区 | 日本激情视频一区二区三区 | 国产精品2020观看久久 | 日干夜干天天干 | 色哟哟哟在线精品观看视频 | 国产乱色精品成人免费视频 | 国产一区二区三区免费 | 春宵福利网站在线观看 |