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China freezes more money by raising reserve ratio
CHINA'S central bank today required banks to set aside more capital from lending to control liquidity against rising inflation risk.
Commercial banks in China will face a 50 basis point increase on reserve requirement ratio from November 16, the People's Bank of China said on its Website today.
Commercial banks in China will face a 50 basis point increase on reserve requirement ratio from November 16, the People's Bank of China said on its Website today.
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