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Smooth Distribution Channels Of Monetary

Posted on:2011-03-23Degree:MasterType:Thesis
Country:ChinaCandidate:B TanFull Text:PDF
GTID:2189360305950665Subject:Finance
Abstract/Summary:PDF Full Text Request
"The People's Republic of China Bank of China Law" given the Bank of China issued and control its flow of statutory duties. Therefore, in order to meet the supply of renminbi, "reasonable total supply of coupons other reasonable structure, clean and high, the holder and secure" currency target, the central bank charged with important responsibilities. However, the distribution of the renminbi, because of distribution channels blocked, leading to the central bank in the currency distribution of a series of problems faced, seriously affect the normal work currency affects the People's Bank currency goal. It is estimated that China's currency notes in circulation in the market, the number of about 240 billion, the cost of printing banknotes each average 0.5 yuan, if the rate of transport, storage, inventory, destruction and other expenses cost less per note 1.2 yuan, China notes using the term generally 3 years, ie. Cash flow within 3 years time. According to the above projections, China's need to print paper money 80 billion a year to issue a cost of about 96 billion yuan, which is a huge cost. In these costs, it is necessary to place part of the cost, such as printing and other costs, but partly by the issue of management science is completely reduced. Therefore strengthen the currency management and smooth distribution channels of the currency to become an important issue.Therefore, this article will analyze the distribution channels on the money made on the basis of its Solutions for People's Bank currency effectively work to reduce the cost of currency, to achieve a more scientific and rational mode of reference currency.
Keywords/Search Tags:Currency, cash, Issue Fund, allocation
PDF Full Text Request
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