2012年1季度国内金融形势评述

2012年1季度金融运行的主要特点是：各层次货币供应量增速连续两个月明显回升；社会融资规模略少于上年同期；贷款投放额明显多于上年同期，主要是短期贷款和票据融资多增较多；人民币存款增速回落幅度减缓，储蓄意愿有所增强；银行间市场交易活跃，市场利率连续两个月显著回落；与上年末比，人民币汇率升值0．1％，海外市场对人民币汇率贬值预期有所减弱。

Domestic financial developments in Q12012

In Q1 2012, the main characteristics of the domestic financial performance were： the growth of money supply in different levels rebounded obviously in two consecutive months; social financing scale was slightly lower than that in last Q1; the amount of loans was obviously larger than that in last Q1, because the short-term loans and bill financing had a more increment; the drop of RMB deposit growth slowed down, savings wish was slightly enhanced; trading was active in the interbank market with an obvious drop in market interest rates for two consecutive months; compared with the end of last year, the RMB exchange rate appreciated by 0.1%, and expectations on RMB depreciation from offshore markets weakened.