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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 26, 2024 19:00 9.50%   10.00%
Jan 24, 2024 02:55 10.00%   10.50%
Mar 17, 2023 04:00 10.75%   11.00%
Nov 25, 2022 04:41 11.00%   11.25%
Apr 15, 2022 05:14 11.25%   11.50%
Dec 06, 2021 04:00 11.50%   12.00%

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Analysis

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PBoC Reserve Requirement Ratio Discussion

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