China's central bank said on Tuesday it would raise the bank's reserve requirement ratio by 50 points from June 20.
Related:
Adjustments of China's bank required reserve ratio in 2011
1st time The People's Bank of China (PBOC), or the central bank, said on its website on Jan. 14 that it would lift the bank reserve requirement ratio by 50 basis points as of Jan. 20.
2nd time The People's Bank of China (PBOC), the central bank, announced on Feb. 18 that it would increase the bank reserve requirement ratio of 50 basis points beginning Feb. 24.
3rd time The People's Bank of China (PBOC), China's central bank, announced on March 18 to raise the bank reserve requirement ratio by 50 basis points from March 25.
4th time China's central bank announced Sunday it would raise lenders' required reserves by 50 basis points from April 21, the fourth time this year.
5th time China raises bank reserve requirement ratio by 50 basis points on May 18
(Xinhua News Agency June 14, 2011) |