China Raises Banks' Reserve Requirement Ratio for First Time Since 2008

X!nG · 发表于 2010-1-12 07:22 AM

Jan. 12 (Bloomberg) -- The People’s Bank of China raised reserve requirments for the nation’s lenders by 50 basis points effective Jan. 18, according to a statement posted today to the Web site of China’s central bank.

X!nG · 发表于 2010-1-12 07:34 AM

Futures responded this news with a sudden drop to Fibo. 50%...

Similar to the reactions of "Dubai default"...

busywind · 发表于 2010-1-12 09:22 AM

X!nG · 发表于 2010-1-12 11:07 AM

Poor bears...

livefreakss · 发表于 2010-1-12 12:55 PM

Well, as FED does not raise interest rate, China can not raise interest rate either, the options to cool down asset bubble are very limited..... raise the downpayment ratio or raise the bank reserve ratio...

Any way to find the ratio of long term and short term loans of Chinese commercial banks?

X!nG · 发表于 2010-1-12 01:18 PM

X!nG · 发表于 2010-1-12 01:20 PM

Details can be found here:
http://www.pbc.gov.cn/huobizheng ... /cunkuanzhunbeijin/

buctusa · 发表于 2010-1-12 02:46 PM

SO FXP is going to reverse ?

unlsjtuhx · 发表于 2010-1-12 04:51 PM

X!nG · 发表于 2010-1-13 05:50 AM

SO FXP is going to reverse ?
buctusa 发表于 2010-1-12 13:46

Some stats...

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[新闻] China Raises Banks' Reserve Requirement Ratio for First Time Since 2008