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People's Bank of China Reserve Requirement Ratio

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People's Bank of China Reserve Requirement Ratio

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Sep 27, 2024
Actual
9.50%
Previous
10.00%
Monetary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money. Policy rates are the most important rates within a country's monetary policy. Changing them influences economic growth, inflation, exchange rates and unemployment.
Importance:
Country:
Currency: CNY
Source: The People Banks of China
People's Bank of China Reserve Requirement Ratio
 
Release Date Time Actual Forecast Previous
Sep 27, 2024 11:00 9.50%   10.00%
Jan 24, 2024 18:55 10.00%   10.50%
Mar 17, 2023 20:00 10.75%   11.00%
Nov 25, 2022 20:41 11.00%   11.25%
Apr 15, 2022 21:14 11.25%   11.50%
Dec 06, 2021 20:00 11.50%   12.00%

News

Analysis

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By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It has been a very busy week in the forex market with investors mostly focused on the British pound, Japanese yen and commodity...

PBoC Reserve Requirement Ratio Discussion

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