People's Bank of China Reserve Requirement Ratio

CNY
Actual
11.50%
Previous
12.00%
Latest Release
Dec 06, 2021
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Dec 06, 2021 11:00 11.50% -
12.00%
Oct 12, 2021 10:11 10.50% -
12.50%
Jul 09, 2021 11:11 12.00% -
12.50%
Jan 01, 2020 09:07 12.50% -
13.00%
May 06, 2019 03:30 13.50% -
13.50%
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