Sentences with phrase «heavy central bank intervention»
Comments: «In addition to forecasting positive earnings growth this year (which we did not in 2012), we are also using a slightly higher multiple to reflect the positive impact of heavy central bank intervention on the equity risk premium.»
The Chinese centralbank's heavy - handed intervention in the currency markets earlier this year has triggered a decline in trading of the renminbi and a reversal in the rise of the Rmb in international payments.