Sunday, January 23, 2011

1 trillion in 2011, the central bank to print bank notes issued denying rumors of large-value banknotes

 In fact, when inflation appears, will always draw attention to currency concerns, but China is currency stability, inflation is still not made in order to prevent large denomination notes, on the contrary, a large denomination notes may be issued caused by market concerns about the domestic economy.

high inflation, money supply so that rumors everywhere. People's Bank of China Deputy Governor Ma Delun said yesterday that New Year's Day New Year period last year, the central bank issued currency net 1.268 trillion yuan this year, more than than the data. He believes that not printing capacity and price levels, CPI-linked, and depending on income levels, GDP growth and other economic indicators.

need to replace worn and the amount of destruction, that is the currency in circulation in the 5 to 7 years after the need to exit the market total. Now the stock market, the currency in circulation was 4.6 trillion yuan, calculated at 5 years out of the market, India 900 billion yuan per year.

years ago, part of the shares is expected to soar! Confidential! Market institutions will soon be reversed capital flows have changed dramatically! Main funding is plotting a new layout
Jun Ma, chief economist for Greater China at Deutsche Bank before the lead to inflation,

Madlung also publicly denied the central bank issued the sixth issue of large denomination notes and rumors of RMB set. However, he is expected to ensure the annual New Year's peak demand during the Spring Festival, the central bank print money put in the net amount issued the previous year is usually 2 to 3 times the expected delivery in January 2011 will exceed last year's 1.268 trillion yuan.

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