China to Raise Reserve Requirement Ratio
考研英语
时间: 2019-04-08 14:15:54
作者: 匿名

People's Bank of China, China's central bank [Photo: Xinhua]
China will raise the reserve requirement ratio by 0.5 percentage points for commercial banks as of Sept. 25, the People's Bank of China (PBOC) announced on Thursday.
It is the seventh time this year the Chinese government has opted to raise the reserve requirement ratio to curb excess liquidity.
The central bank said the move was aimed at "strengthening liquidity management in the banking system and checking excessive money and credit growth".
PBOC statistics show that China's foreign exchange reserves reached 1.33 trillion U.S. dollars at the end of June, up 41.6 percent over the same period last year.
A total of 266.3 billion U.S. dollars was added to the country's foreign exchange reserves in the first half of 2007, 144 billion U.S. dollars more than a year earlier.
猜你喜欢
-
- 03-082018年考研英语编故事记单词有妙招
- 03-082018考研英语大纲即将来袭一定要做到这两点
- 03-08据说,背完2018考研英语单词睡1小时,33%在梦中忘了!
- 03-082018考研英语背单词的本质反复记忆
- 03-082018考研英语定语从句的翻译要点:通顺!
- 03-08速来领取全年考研英语复习规划
- 03-08考研英语句型练大脑高级读法,不会语法仍得高分
- 03-082018考研英语大纲可能依旧无变化?
- 03-082018会计专硕英语全方位备考干货资源
- 03-08速来领取最靠谱的2018考研英语全年复习规划