央行宣布提高存款准备金比率 ,被市场普遍认为是央行收缩银根的标志。也有学者认为 ,央行提高存款准备金率的动机主要是为了减轻目前央行公开市场操作的压力 ,缓解人民币升值预期的压力。这些可能都是央行考虑的原因 ,但有一点是可以明确的 ,此次提高的一个百分点对商业银行的 The central bank announced that raising the deposit reserve ratio, the market is generally considered a sign of the central bank to reduce the monetary policy. Some scholars believe that the motivation for the central bank to raise the deposit reserve ratio is mainly to ease the current pressure on the central bank to open market operations to ease the pressure of RMB appreciation expectations. These may all be the reasons for the central bank to consider, but one thing is clear, a percentage point of this increase to commercial banks