Relevant:
- China further hikes bank reserve ratio in fight against inflation
- China's Central Bank Chief Warns of ‘Sudden, Contagious and Hazardous' Financial Risks
- Global stocks soar again as China rate cut adds fuel to Euro's bonfire of currencies
- China raises interest rates for third time in four months
- Zhou Says $3 Trillion China Reserves Have Risen Beyond ‘Reasonable' Level
2011-04-18 — bloomberg.com
"Reserve ratios will rise a half point from April 21, the People's Bank of China said on its website yesterday, pushing the requirement to a record 20.5 percent for the biggest lenders. The move came less than two weeks after an interest-rate increase. Zhou sees no "absolute" limit on how high reserve requirements can go, he said April 16."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.