Monetary Economics

Vying for a spot in the new monetary order

22 Nov 2012

The international monetary system needs some serious rethinking. On paper, it has to guarantee the orderly functioning of exchange-rate regimes and transnational financial flows.

3:18AM

quiz time

28 Apr 2008

Choose the right answers

1 During the gold standard:

a) banknotes contained gold

b) only gold coins were used

c) banknotes could be...

2:39AM

More investment options urged to soak up liquidity

28 May 2007

Interest rate rises alone will not solve the mainland's serious problem of excessive liquidity and more investment channels are necessary, Bank of China vice-president Zhu Min said on the...

8:51AM

Central bank lifts reserve ratio to 10.5pc

6 Apr 2007

PBOC moves to tighten money supply

China's central bank will require banks to increase their reserves, a move aimed at tightening money supply amid signs of rebounding economic growth...

12:54AM

Mainland economy defies curbs with 11.3pc growth

19 Jul 2006

China's economy has expanded at its fastest pace in more than a decade, growing by an astonishing 11.3 per cent year on year in the second quarter, raising expectations of further moves to tighten...

11:48PM

Central Bank hints at further credit-tightening measures

20 Jun 2006

China's central bank yesterday hinted at the likelihood of continued tightening of credit and money supply to rein in runaway economic growth.

9:04PM

Opinion

The last straw for Terry Wong?

2:53PM

Jake Van Der Kamp

iBonds are little help in easing inflation and a bad bet financially

3:55AM

Step by step, the authorities turn down liquidity tap

By itself, the increase in bank reserve requirements announced by China on Friday is too small to have a significant cooling effect on the mainland's overheating economy.

8:56PM

Central bank raises reserve ratio to curb lending growth

Mainland banks will be required to set aside more money as reserves from next month, the People's Bank of China announced yesterday in a widely predicted move to curb rapid growth in lending.

8:49PM

Central bank acts to prevent overheating

Lenders' minimum reserve requirements raised

6:49AM

Growth slows as lending dries up

Mainland money-supply growth slowed last year despite the Government's call for credit expansion, reflecting banks' caution towards lending in a slowing economy, according to official figures and...

3:48AM

Money supply growth slows

Mainland money supply growth slowed last month to its lowest level this year as banks were reluctant to lend more in a sluggish economy.

12:54AM

Media prepare ground for government to cut interest

Mainland newspapers are so weighed down by propaganda that they are read less for the news and more for indications of shifts in government policies.

6:16AM