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View Full Version : China Orders Banks to Raise Reserves to Cool Economy (Update1) - Bloomberg



NewsWhore
11-10-2007, 06:24 AM
China Orders Banks to Raise Reserves to Cool Economy (Update1) (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaeQqeUOEfzvY%26refer%3Dhome&cid=0&ei=T4U1R92sEp6MoQL2kJjVDA)
Bloomberg - 16 minutes ago
Local-currency deposits stood at 38.3 trillion yuan at the end of September. Besides raising the required reserve ratio, the central bank has also increased ...



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