Tag Archives: Hang Seng

China reduces Reserve Requirement Ratio by 50bp

China’s central bank said over the weekend it will lower the reserve requirement ratio (RRR) that banks must hold as reserves to 20.5 percent from 21 percent, effective Friday. This 50 basis points (bp) reduction will free up tens of … Continue reading

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China raises interest rate by 0.25 percent

The benchmark interest rate in China was last reported at 5.81 percent. In China, interest rates decisions are taken by The Peoples’ Bank of China Monetary Policy Committee. The PBC administers two different benchmark interest rates the benchmark lending rate, … Continue reading

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Indian Stock Market Review – April 20, 2010

Indian Market: The RBI said that the weight of monetary policy balance may have to shift to containing inflation since high inflation itself will dampen recovery in growth. The RBI said it has not increased interest more than 25 bps … Continue reading

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