久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

chinadaily.com.cn
left corner left corner
China Daily Website

Yuan funds for foreign exchange dip in July

Updated: 2012-08-15 09:18
( Xinhua)

BEIJING -- China's yuan funds outstanding for foreign exchange fell to 25.66 trillion yuan ($4.07 trillion) at the end of July, down nearly 3.82 billion yuan month-on-month, the central bank said on Tuesday.

The fall was a result of the country's shrinking foreign trade and foreign direct investment amid global economic woes, according to a statement on the website of the People's Bank of China.

The nation's trade surplus stood at $25.15 billion in July, far less than market expectations of 34.3 billion. Export growth edged up 1 percent in July from one year earlier, but fell 1.8 percent month on month.

The country's foreign direct investment fell to a 6-month low of $59.1 billion in June.

The dip in yuan funds outstanding for foreign exchange is also a strong indication of speculative capital flowing out of the country amid the sovereign debt crisis in Europe, the economic slowdown in the United States and rising expectation of a weaker yuan, analysts said.

The yuan, China's currency, has depreciated 1.93 percent since the start of 2012.

China's slowing economy has raised concerns over its growth prospects, and has to some extent accelerated the exodus of foreign capital from the world's second-largest economy.

The country's gross domestic product grew by 7.6 percent year-on-year in the second quarter of 2012, the slowest pace in almost three years.

Lian Ping, chief economist for the Bank of Communications, said the nation's yuan funds outstanding for foreign exchange will dive to around 1 trillion yuan in 2012, down from 2.78 trillion yuan last year.

Market liquidity is influenced by the amount of yuan funds outstanding for foreign exchange, which in turn decides the amount of yuan funds that the central bank had to inject to offset the same amount of foreign exchange inflow from trade surplus and overseas speculative money, as yuan remained inconvertible under the capital account.

The fall in July triggered worries over tighter liquidity and strengthened expectations of further cuts in reserve requirement ratios.

The country's slowing inflation has provided room for policymakers to further ease monetary policies, according to analysts.

Lian predicted the nation will cut reserve requirement ratios one to three times more during the rest of the year, each by 50 basis points, in order to pump more liquidity into the market and achieve the 14-percent money supply growth target set for this year.

...

...
...
主站蜘蛛池模板: 亚洲精品国产美女在线观看 | 免费看的一级片 | 美女18一级毛片免费看 | 亚洲综合网在线观看首页 | 久久久久久亚洲精品影院 | 香港日本韩国三级网站 | 久久日本三级韩国三级 | 亚洲视频在线视频 | 精品一区二区视频 | 国产精品亚洲欧美日韩区 | 华人色 | 成人a毛片视频免费看 | 999国内精品永久免费视频 | 亚洲国产大片 | 日韩精品欧美国产精品亚 | 免费在线成人 | 一级特黄性色生活片一区二区 | 香蕉视频在线观看黄 | 欧美13一14周岁a在线播放 | 久在线视频| 99国产精品久久久久久久成人热 | 久久精品一区二区三区日韩 | 国产欧美日韩综合精品无毒 | 在线视频亚洲 | 亚洲看片 | 狠色狠狠色狠狠狠色综合久久 | 美女曰皮 | 99久久精品免费视频 | 精品视频一区二区三区四区 | 亚洲国产第一 | 一区二区免费看 | 成人毛片视频免费网站观看 | 欧美三级 欧美一级 | 午夜欧美成人 | 国产在播放一区 | 欧美大片毛片大片 | 日韩亚洲一区中文字幕 | 中文字幕在线播 | 成人亲子乱子伦视频 | 6080伦理久久精品亚洲 | 在线观看视频亚洲 |