RMB under strong pressure of appreciation_财经新闻

RMB under strong pressure of appreciation

文章来源：文章作者：发布时间：2007-10-31 03:18 字体： [大中小]　进入论坛

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Chinanews, Beijing, October 30 – According to Yi Gang, assistant governor of the People’s Bank of China, the country’s central bank, China is in a circle of interest rate hike, to deal with possible inflation. Meanwhile, the US dollar has entered a circle of interest rate drop, thus the RMB is under the strong pressure of appreciation¹.

“The People’s Bank of China will apply a series of policies like making market operation more transparent², raising the deposit reserve ratio, etc. The price lever will also be used to tighten³ credit,” said Yi.

Yi encourages commercial banks to issue fixed-rate loans, particularly on property buyers.

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收听单词发音

1 appreciation
n.评价；欣赏；感谢；领会，理解；价格上涨
参考例句：
I would like to express my appreciation and thanks to you all.我想对你们所有人表达我的感激和谢意。 I'll be sending them a donation in appreciation of their help.我将送给他们一笔捐款以感谢他们的帮助。

2 transparent
adj.明显的，无疑的；透明的
参考例句：
The water is so transparent that we can see the fishes swimming.水清澈透明，可以看到鱼儿游来游去。 The window glass is transparent.窗玻璃是透明的。

3 tighten
v.(使)变紧；(使)绷紧
参考例句：
Turn the screw to the right to tighten it.向右转动螺钉把它拧紧。 Some countries tighten monetary policy to avoid inflation.一些国家实行紧缩银根的货币政策，以避免通货膨胀。

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