www.ligahordy.fora.pl
Horde League
FAQ
Search
Memberlist
Usergroups
Galleries
Register
Profile
Log in to check your private messages
Log in
www.ligahordy.fora.pl Forum Index
->
Informacje/information
Post a reply
Username
Subject
Message body
Emoticons
View more Emoticons
Font colour:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
White
Black
Font size:
Tiny
Small
Normal
Large
Huge
Close Tags
Options
HTML is
OFF
BBCode
is
ON
Smilies are
ON
Disable BBCode in this post
Disable Smilies in this post
Confirmation code: *
All times are GMT + 2 Hours
Jump to:
Select a forum
Newsy
----------------
Ogłoszenia/ Notice
Informacje/information
Ogólne
----------------
Zasady/Rulez
Horde League
Kantyna
Free Talk
Topic review
Author
Message
cheapbag214s
Posted: Sat 16:18, 09 Nov 2013
Post subject: dropping 2.34 percent in Belgium
People's Bank of China signals tolerance of slower growth
BEIJING, June 24 () -- China's central bank announced Monday it would allow the financial marketplace to react on its own to rising interest rates, a move that shook up markets.The overnight benchmark lending rate involving bank-to-bank loans hit a record 13.44 percent last week but the People's Bank of China did not move to lower the rate, which it could have done by pumping money into the financial system.A temporary glut of cash would have brought interest rates down.Instead, the central bank said Monday there was "a reasonable level" of liquidity in the country's banking system,[url=http://www.moncleroutleto.co.uk]moncler sale[/url], The New York Times reported.The benchmark interest rate fell to 6.489 percent from 8.492 percent Friday. But stock markets across Asia and Europe declined on the clear sign from the central bank that leaders were aiming to slow China's rapid economic growth.High interest rates would force banks and customers to reassess lending priorities. Banks would tend to move toward more conservative lending and customers would be forced to pull back on all but the most solid or dependable business ventures."China's credit-to-gross domestic product ratio [is] at 200 percent, we believe that the People's Bank of China is acting in line with the government's efforts to deleverage, rebalance and position the economy towards a path for sustainable growth," Barclays economists Yiping Huang and Jian Chang wrote in a recent research note.The bank's statement reverberated through markets. The Shanghai composite index suffered a ground-zero shake-up with the index down 5.3 percent Monday. In addition,[url=http://www.pachasvip.com]hollister outlet[/url], the Shenzhen composite index dropped 6.1 percent.In Hong Kong, the Hang Seng Index lost 2.2 percent. In Japan, the Nikkei 225 lost 1.26 percent.Markets were down across Europe, dropping 2.34 percent in Belgium, 1.62 percent in France and 1.06 percent in Germany in midday trading.The Global Dow Index fell 1 percent and markets opened lower on Wall Street, with the Dow Jones industrial average off 0.89 percent and the Standard & Poor's 500 off 1.24 percent.
fora.pl
- załóż własne forum dyskusyjne za darmo
Powered by
phpBB
© 2001, 2005 phpBB Group
Regulamin