Central Bank Raises Required Reserve Ratio 0.5 Percentage Points
Published:
2011-05-12
The People's Bank of China announced earlier this evening that it intends to lift the required reserve ratio (RRR) of deposit-oriented financial institutions by 0.5 percentage points as of May 18. This is the fifth time the central bank has lifted the required reserve ratio this year.
Source
People's Bank of China
Google Translation
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Related Stories
- Some Bank Branches Raise Required First Home Down-payment to 40%
- Central Bank May Resume Issuance of 3-year Bills
- Capital Adequacy Targets of 5 Major Banks to Remain Unchanged at 11.5%
- Central Bank Raises Required Reserve Ratio 0.5 Percentage Points
- Central Bank to Issue Aggregate Social Finance Figure for First Time Today
Popular
- OPINION
- China's Challenge: Social Disorder
- "We are the hungry family around the dinner table, gorging on peanuts and appetizers becau...
Interactive
Despite an increase in the proportion of male births per 100 female births, China has a more balance...
Multimedia
Take a look back at some of the most important news events that helped shape China in 2010
E-paper
|
- EEO.COM.CN The Economic Observer Online
- Bldg 7A, Xinghua Dongli, Dongcheng District
- Beijing 100013
- Phone: +86 (10) 6420 9024
- Copyright The Economic Observer Online 2001-2011