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。

youdao

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。

youdao

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。

youdao

Providing unlimited liquidity to Cyprus would expose the European Central Bank's balance sheet to risk, particularly if Cyprus does end up crashing out of the euro.

WSJ: Now We Are Seeing Politics in the Raw

If the European Central Bank has to expand its balance sheet to shore up ailing European economies, gold is likely to hit new records into 2012, said TD Securities.

FORBES: METALS OUTLOOK: Gold Expected To Continue To Rise Next Week

The privately owned gold held in Turkish commercial banks has shown up on the balance sheet for the central bank, resulting in news reports of inflated official-sector reserves in the country, the consultancy said.

FORBES: FOCUS: CPM Group: Turkey's Rules On Gold Deposits Could Mean 'Rehabilitation' Of Metal As Monetary Asset