Not just hoarding dollars, there are some nike air max 90 corporate buy more U.S. dollars for the past few years, "a dollar short" open. When the strong appreciation of the yuan, China imported Nike corporate payments in U.S. dollars tend to borrow from banks rather than buying U.S. dollars.
In this way,http://www.nikeairmaxuk2012.com/ both to earn a higher RMB deposit interest rate, but also benefit from the appreciation of the yuan against the U.S. dollar. Now, fewer and fewer of the nike air max 1 company to banks to borrow dollars. End of March, the balance of foreign currency loans of financial institutions was $ 559.5 billion; Nike grew 17.2 percent, an increase of $ 21.1 billion, up by $ 5.9 billion or less.
nike air max 95 corporate finance choices and the foreign exchange position of the Chinese banks are quietly affecting the central bank's monetary policy. In a press conference in March this year, central bank governor Zhou Xiaochuan said that the lower bank deposit reserve ratio in order to offset the impact Nike corporate hoarding dollars. He also pointed out that any adjustment of the deposit reserve ratio will depend on the bank's foreign exchange position and the international balance of payments impact of the Nike market liquidity.
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