China Raises Reserve Ratio by 0.5 Percentage Point
May 12, 2011, 6:55 AM EDT By Bloomberg News
May 12 (Bloomberg) -- China raised banks’ reserve requirements by 0.5 percentage points effective May 18, the People’s Bank of China said on its website today.
To contact the editor responsible for this story: Nerys Avery at navery2@bloomberg.net
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