In recent years, Position for Forex Purchase increases the endogenousmoneysupply, which affects the stability of price level.
近年来,我国外汇占款引起的内生性货币供给增加,导致国内物价水平不断走高。
2
The theory of endogenousmoneysupply points out that the money demand of the public could affect directly the money supply of the central bank.
货币内生性理论指出公众的货币需求会直接影响中央银行的货币供给。
3
Under the background of pegged exchange rate and imperfect sterilized intervention, the significant accumulation of China's foreign exchange reserves have further enhanced the endogenousmoneysupply.