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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