China Raises Reserve Deposit Requirement for Banks by An Additional .5% to Slow Economy

[sharon sanders]

Central Bank: increase the RMB deposit reserve ratio by 0.5 percentage points

2010-02-12 18:03:31　来源: 央行网站 跟贴151条 手机看股票

2010-02-12 18:03:31 Source: Central Bank Web site

中国人民银行决定，从2010年2月25日起，上调存款类金融机构人民币存款准备金率0.5个 百分点。

PBC has decided that from February 25, 2010, the raised deposit-taking financial institutions, the RMB deposit reserve ratio by 0.5 percentage points.

为加大对?三农?和县域经济的支持力度，农村信用社等小型金融机构暂不上调。

To increase the "three rural issues" and the county's economic support, rural credit cooperatives and other small financial institutions, raised temporarily.

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