Currency Operations Under the Dual Pressures of Accelerated Economic Growth and Price Inflation
(4,133 words)

Against a macroeconomic background of accelerated economic growth, price inflation, and expanding trade surpluses in 2007, the money supply accelerated significantly, with rising general surplus liquidity and low fluctuations in interest rates on the money market. To relieve the pressure from surplus liquidity and stabilise inflation expectati…

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Wang, Yi, Zhang, Lisheng and Chen, Hao, “Currency Operations Under the Dual Pressures of Accelerated Economic Growth and Price Inflation”, in: Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online. Consulted online on 25 May 2017 <http://dx.doi.org/10.1163/2213-6002_crpn_C9789004173514_015>



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