Data:2009-12-12 2:34
Category: Money Tips Date: 2006-04-15
Source: De Ding Investment Authors: Fuming
PBC decided to January 15, 2007, the raised deposit-taking financial institutions, the RMB deposit reserve ratio by 0.5 percentage points.
Since 2006, the People's Bank of comprehensive use of various monetary policy tools to vigorously recover mobility, achieved some success. In recent months, money supply and credit growth has slowed, but the basis for the effectiveness of macro-control is not solid. As the international balance of payments continues to have surplus, excess liquidity of the banking system have a new increase in loans to a larger expansion pressure. To adapt to the dynamic changes of the current liquidity, the People's Bank again raised the deposit reserve ratio in order to strengthen the effectiveness of regulation.
The People's Bank will continue to implement prudent monetary policies to guide reasonable growth of monetary credit, keep the economy running smoothly. (End)
Internet Time :2007-1-5 17:14:00
Fuming over taken from the People's Bank website.
The so-called bull market, that is bad is good, not to mention, the central bank slightly raising the deposit reserve ratio by 0.5 percentage points, just fine-tuning itself is not bad, but good.
Fuming that this is that: "As the international balance of payments continues to have surplus, excess liquidity of the banking system have a new increase," management believes that the market is awash with liquidity is more serious, it need to continue to raise deposit reserve ratio . This market background, the first wave of the bull market trend to provide high-spread of the financial support, but also increase the short-term interest rates eased the pressure.
Fuming not think that the central bank decided to slightly raise the deposit reserve ratio is not bad, but good. Even though there will be shocks, some callbacks, still are buying opportunities.
