When the PBoC sells dollars from its reserves to support the exchange rate, the central bank balance sheet shrinks and China's money supply contracts.
当中国央行抛售其储备的美元以支撑人民币汇率时，央行的资产负债表缩水，中国的货币供应量也出现收缩。
That seems to me to be a more plausible danger than the hyperinflation that those fixated on fiscal deficits and central bank balance sheet find so terrifying.
在我看来，这是一种更有可能发生的危险，而不是那些执着于财政赤字和央行资产负债表的人所畏惧的恶性通胀。
Judging from the balance sheet of central bank, gold market operation also plays a role in the expansion or contraction of money supply.
从中央银行资产负债表分析，买卖黄金也是扩大或收缩国内货币供应的手段。
The foreign-exchange reserves, then, represent no more than the asset side of a balance sheet, against which the central bank holds liabilities.
因此，外汇储备不过是兑成了外币的央行负债而已。
The European Central Bank is struggling to limit the fallout from Greece's debt crisis on European financial institutions as it confronts a fresh problem closer to home: its own balance sheet.
洲中央银行（EuropeanCentral Bank）正在努力限制希腊债务危机对欧洲金融机构造成的影响。此时它还面临着一个更加关乎自身的新问题：自己的资产负债表。
The European Central Bank is struggling to limit the fallout from Greece's debt crisis on European financial institutions as it confronts a fresh problem closer to home: its own balance sheet.
洲中央银行（EuropeanCentral Bank）正在努力限制希腊债务危机对欧洲金融机构造成的影响。此时它还面临着一个更加关乎自身的新问题：自己的资产负债表。
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