I don't think the jump is mainly caused by the revaluation of RMB. The main reason, I believe, is that commercial banks are tempted to put money in the inter-bank market where potential risks are lower than lending.
Li Ruoyu
9 quotes about revaluation follow in order of popularity. Be sure to bookmark and share your favorites!
Policy makers will observe the effects of the revaluation on the economy and the degree to which it is digested. This is an adjustment period.
Ba Shusong
We just had a revaluation here folks. Has your valuation gone down by a quarter, I don't think so.
Charles Kent
People were pricing in some kind of China revaluation and we had one, but it was very small. So there was disappointment with the degree of the China move.
Jens Nordvig
Previously you could argue that the currency was a political problem but now it's affecting domestic money supply, so there is a stronger economic argument for a further revaluation.
Paul Cavey
We do not believe that revaluation will take place in this Parliament. Preparatory work for a revaluation in 2007 is being stood down, but the Valuation Office Agency's good work will provide a firm foundation on which to build in future.
David Miliband
Every odd numbered assessment year, the assessor's office, if necessary, conducts a revaluation of classes of property that need to be revalued in Fayette County. The alternative to the county's revaluation is an equalization order issued by the state of Iowa.
Joe Flores
I personally think the best option would have been a larger one-off revaluation and quicker appreciation since then.
Song Guoqing
The composition of growth is becoming more important. The more it is orientated toward fixed-asset investment and exports, the more we are going to be seeing pressures for a revaluation and a potential trade disruption.
Andrew Milligan
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