男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
BIZCHINA> Top Biz News
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.


(For more biz stories, please visit Industries)
主站蜘蛛池模板: 裕民县| 兴安盟| 铜山县| 深泽县| 娄烦县| 平昌县| 宜兴市| 长海县| 垣曲县| 西乡县| 云南省| 汉中市| 西峡县| 长顺县| 马龙县| 邵阳县| 维西| 平顺县| 通化县| 青河县| 平南县| 兖州市| 丹阳市| 耿马| 永泰县| 青浦区| 怀集县| 隆化县| 合肥市| 宁陵县| 禹城市| 黔西县| 聊城市| 汶上县| 射洪县| 河东区| 古丈县| 蒙城县| 综艺| 姚安县| 阳城县| 龙州县| 阿瓦提县| 长沙市| 寻乌县| 井研县| 竹溪县| 周口市| 上饶县| 磴口县| 禄丰县| 海城市| 库尔勒市| 左权县| 房产| 都昌县| 宾川县| 吴桥县| 公主岭市| 湄潭县| 门源| 锡林浩特市| 巴林左旗| 洪泽县| 白城市| 大埔区| 三江| 玉门市| 夏津县| 张北县| 吉木乃县| 泾阳县| 许昌市| 清涧县| 东莞市| 盐源县| 乌恰县| 莱阳市| 广东省| 南涧| 互助| 永定县|