Showing posts with label Zhou Xiaochuan. Show all posts
Showing posts with label Zhou Xiaochuan. Show all posts

Saturday, April 16, 2011

Zhou Xiaochuan: no limit to the deposit reserve ratio ?

U.S. Treasury Secretary John W. Snow greeted C...Image via Wikipedia
Ming Pao's central bank governor Zhou Xiaochuan said yesterday that the higher inflation rate in March are many factors, the appropriate monetary policy tightening will continue for some time, the deposit reserve ratio is no absolute upper limit, if the conditions change, boundaries will change.

People's Bank of continued anti-inflation monetary Le?

Oriental Daily News Bulletin China consumer price index last month rose to 5.4% of the 32-month high, the continued international attention to China to tighten monetary policy, central bank Governor Zhou Xiaochuan yesterday that the current inflation rate higher than the government work report made control objectives, the appropriate monetary policy tightening will continue for some time, and China raising interest rates carefully, to avoid attracting a lot of hot money. In addition, the RMB will be used as a tool against inflation, so that the exchange rate more

 
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