Further increase in reserve requirement ratio to the housing market

The People's Bank of China May 2 issued a notice, starting from May 10, 2010, the increase in deposit-type financial institutions RMB deposit reserve ratio of 0.5%, rural credit cooperatives, village and township banks do not raise. This is the third time this year the central bank raised the reserve requirement ratio, after adjustment, large and medium-sized commercial banks deposit reserve ratio reached a high of 17%.　　Earlier, the central bank on January 12 and February 12, announced the increase in the deposit reserve ratio of 0.5%. Since 2008, the reserve ratio after the adjustment of the stock market performance after the adjustment before the adjusted amplitude after the announcement of Prev 102,010 January 12 15.50%16.00%0.50% fell 3.09% 92,008 years December 25 16.00%15.50%-0.50%　　Fell 0.05% 82,008 year December 05 17.00%16.00%-1% rose 3.57% 72,008 year October 15 17.50%17%0.50% fell 4.25% 62,008 years September 25 17.50%16.50%1% down 0.16%　　52,008 year June 07 16.50%17.50%1% Falls 7.73% 42,008 Year May 12 16%16.50%0.50% falls 1.84% 32,008 Year April 16 15.50%16%0.50% down 2.09% 22,008 year March 18 15%15.50%0.50% rose 2.53% 12,008 year January 16 14.50%15%0.50% fell 2.63% analysis: "Strengthening inflation risk management" China Development Research Foundation Under Secretary-General min that　　The central bank again raised the reserve requirement ratio mainly to guard against asset bubbles, inflation and economic overheating risk.　　Impact: Recovery of 250 billion of liquidity after this adjustment, the reserve requirement ratio is only one step away from the historical peak of 17.5%, equivalent to the recovery of 250 billion liquidity.　　Analysts at the CBRC pointed out that since the increase in reserve requirements and interest rate increases have an alternative effect, the original should be in April, the rate hike will be postponed to at least until July. Analysts believe that the rise in reserve ratios is most evident in asset bubbles and price inhibition.　　The third time this year the central bank to increase the reserve ratio will be the beginning of the housing market to make a worse impact, but also to some extent affect the developers of loans, once the property market unsalable developers to reduce the time ahead. News Dictionary • Deposit Reserve ratio means that a financial institution must deposit a portion of its deposits in the central bank; the ratio of deposit reserve to total deposits of financial institutions is called reserve ratio. (Comprehensive "Beijing News", etc.)