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 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。
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