Friday, March 9, 2012

world of tanks power leveling small and medium goldFinancial institutions was 17%. Market estimates

129742915532187500_318People's Bank of China announced on 18th February 24, lowered deposit financial institutions renminbi deposit reserve rate 0.5%. This was on December 5 last year, central banks cut deposit reserve ratio for the first time in three years after the second cut, also since the beginning of this year for the first time reduced. When adjusted for large financial institutions deposit reserve rate of 20.5% in China, small and medium goldFinancial institutions was 17%. Market estimates, a move that would release about 400 billion to 500 billion of liquidity. Cut deposit reserve rate at this time, can be described as unexpected world of tanks power leveling, was reasonable. Although widely expected cut deposit rates several times this year wot power leveling, but this point has a little accident. CPI rebounded to 4.5% in January, well above the consensus forecast of 4%-4.2%, and hit a 3 month high, this data is published, coupled with recent Central Bank suspended Central ticket a few weeks, a series of performance, widely believe the Central Bank will delay cut deposit rates. Even so, the Central Bank still choose this time, because there are more surprising data appeared. Central Bank's latest statistics show that in January on private deposits rose sharply while public depositsFall led to reductions in 800 billion yuan, up fell 30%, and there have been exchange of rare negative growth for three consecutive months, natural tight bank liquidity. 17th interbank overnight rates soared 122 basis points in the previous session, funds ran out of the predicament. Some small and medium-sized banks "under without cooking" or even no money can be lent,Running of the direct impact on the real economy, especially the capital needs of small and medium enterprises. Cut deposit reserve rates, helped to ease the liquidity situation of tension and of loan than on the part of the banks ' ability to lend, and select downgrade is not surprising. Keep rates down to the common people, what is perhaps not important wot power leveling, most important than the two points, price is notRose? Prices did not drop?

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