日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Policy

PBOC likely to adopt a tighter monetary policy: report

By Qiang Xiaoji (chinadaily.com.cn)
Updated: 2009-10-30 17:33

The People's Bank of China (PBOC), the central bank, continued to withdraw liquidity through open market operations this week,?with a net drain of?133 billion yuan from the market, sending the net withdrawal in October to 156 billion yuan ($22.85 billion), the biggest monthly drain since February, the China Business News (CBN) reported today.

The PBOC yesterday initiated the selling of three-month bills worth 80 billion yuan at a yield of 1.3280 percent and soaked up 50 billion yuan from the interbank market through 91-day repurchase arrangements, with the interest rate remaining at 1.33 percent, according to the China Securities Journal.

Though the interest rates stayed stable, the central bank has been draining large sums of funding from the financial system over the past three weeks. Analysts said October might be the turning point of the monetary authority's open market operations, changing their strategies from loose to tight, the newspaper said.

Related readings:
PBOC likely to adopt a tighter monetary policy: report China's forex reserve hits record $2.27 trln 
PBOC likely to adopt a tighter monetary policy: report PBOC reaffirms 17% money supply growth target for 2009
PBOC likely to adopt a tighter monetary policy: report PBOC reaffirms moderately loose monetary policy
PBOC likely to adopt a tighter monetary policy: report Retail prices stabilizing, PBOC says

156 billion yuan in October

According to the PBOC statement, the central bank drained 130 billion yuan through Thursday's open market operations by issuing three-month bills and 91-day repurchase agreements.

The statistics released by Wind Info, a Chinese financial data provider, showed with bills worth 55 billion yuan maturing this week, the central bank soaked up 188 billion yuan, or a net withdrawal of 133 billion yuan. In the previous two weeks, the PBOC drained 73 billion yuan and 160 billion yuan respectively.

Other statistics showed the central bank's net withdrawal in October totaled 156 billion yuan after it drained money from the open market for three weeks in a row.

Turning point

Analysts said this month might be the first turning point of the central bank's open market operations since the fourth quarter of 2008.

The central bank had injected money into the financial system for five consecutive months before October. The net injection in September even reached 279 billion yuan thanks to factors like IPOs and the National Day holidays, the report said.

But as the central government recently made it clear to well manage "inflation expectations", the monetary authority is?now intensifying efforts to take previous injections back.

As China's economy began to show recovery in the second half of this year, mainstream organizations had previously made predictions about possible shift of the central bank's policies, but remained vague on the timing of the policy changes, the report said.

Worldwide, Australia and Norway recently raised interest rates, and India also announced this week the hike of the reserve requirement ratio. The changing external monetary environment would also affect China's monetary policies, according to the report.

主站蜘蛛池模板: 久久久免费高清视频 | 精品久久久久久久久久久久久 | 午夜久久久久久久久 | 午夜激情在线观看 | 日韩精品午夜 | 岛国中文字幕 | 日韩在线免费 | 日韩欧美视频免费观看 | 午夜精品久久久久久久爽 | 日本黄色三级视频 | 日韩欧美三级在线 | 99久久精品国产一区二区三区 | 在线观看国产黄色 | 99国产精品一区 | 精品尤物 | 天堂资源中文在线 | 国产高清91| 精品国产1区 | 亚洲天堂男人网 | 成人在线观看av | 成人欧美一区二区 | 欧美日韩国产第一页 | 日本婷婷 | 国产51页| 男人天堂网在线观看 | 亚洲视频黄 | av中文天堂| 中文字幕在线观看亚洲 | 国产成人一级片 | 成人小视频在线播放 | 精品国产乱码久久久久久蜜臀网站 | 欧美在线免费 | 欧美激情黑人 | 国产精品久久久久久久久久久久久久久 | 超级碰在线视频 | 视频一区免费 | 中文字幕理伦片免费看 | 91成人福利 | 免费一级黄 | 九九九视频在线观看 | 69精品久久久久久 |